The group said plan fiduciaries should assess digital assets through the same prudent and neutral process used for other asset classes, signaling support for a more even-handed retirement investment framework.
Blockchain Association said it supports a proposal from the U.S. Department of Labor (U.S. agency overseeing workplace benefit rules) that would allow digital assets to be considered in retirement plans under the same standards applied to other investments. According to the statement, the industry group argues that plan fiduciaries (people legally required to act in investors’ best interests) should evaluate crypto through a prudent and neutral process rather than under a separate or more restrictive standard. The position reflects a push for digital assets to be treated as an established asset class within retirement-plan oversight, while keeping decision-making tied to fiduciary duty and risk review.