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Trump Administration Inches Closer to Opening 401(k)s to Crypto

Bitcoinist
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Trump Administration Inches Closer to Opening 401(k)s to Crypto

The Trump administration has moved another step closer to opening America’s $10 trillion-plus retirement market to cryptocurrency. The US Department of Labor (DOL) has submitted a proposed regulatory framework to the White House for review, potentially bringing Bitcoin and other alternative investments closer to becoming options within employer-sponsored 401(k) retirement plans. The filing, submitted on […]

Key Takeaways

  1. The Trump administration has moved another step closer to opening America’s $10 trillion-plus retirement market to cryptocurrency.
  2. The US Department of Labor (DOL) has submitted a proposed regulatory framework to the White House for review, potentially bringing Bitcoin and other alternative investments closer to becoming options within employer-sponsored 401(k) retirement plans.
  3. The filing, submitted on […]
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.