President Trump prepares to launch policies to promote Crypto
1. Expanding retirement investment in Crypto:
President Trump plans to sign an executive order allowing 401k retirement funds (valued at $9 trillion) to invest in Crypto, gold, and private equity, alongside stocks/bonds. This order will remove legal barriers, bringing Crypto into the retirement savings plans of Americans, expected to be announced this week.
2. Exempting small Crypto transactions from taxes:
Trump supports tax exemption for Crypto transactions under $600, helping to simplify and legalize everyday payments such as buying coffee or online services.