Trump Reverses Biden Administration's Guidance on Bitcoin Investments in 401K Plans

President Trump's pro-crypto push continues, with his Department of Labor reversing course on 2022 guidance against crypto in 401(k) plans.

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Summary

Former President Donald Trump has announced the reversal of guidance from the Biden administration that discouraged Bitcoin investments by 401K pension plans. This decision could potentially lead to an increase in Bitcoin investment options available to retirement accounts, significantly impacting the cryptocurrency market.

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