Trump signed an executive order today #特朗普加密新政
He wants the U.S. Department of Labor to open a door
To introduce cryptocurrency into 401(k) retirement plans #
Allowing the public to invest their retirement funds in cryptocurrencies, private equity, and similar investments.
This order also requires federal departments like the SEC and the Treasury Department to cooperate in action.
At the same time, it is necessary to study whether to adjust the regulations on who is eligible to invest, to allow more people to participate in these investments. #美国加征关税
This is another cryptocurrency-related order signed by Trump since taking office.
Previously, he also pushed for the government to buy and hold Bitcoin.
People in the market believe that this would provide retirees with more investment options, and it shows that the Trump administration has been working hard to make Bitcoin and cryptocurrencies more mainstream and accepted by more people.