The White House order directs the Labor Department to reassess restrictions on alternative assets, potentially integrating digital assets into the $12.5 trillion 401(k) market.
US President Donald Trump is set to sign an executive order that could permit cryptocurrencies in 401(k) retirement plans. The order directs the US Labor Department, in coordination with the Treasury and SEC, to review existing restrictions on alternative assets, including digital assets, and to establish clear fiduciary guidelines. This move follows the revocation of previous cautious guidance, potentially expanding retail crypto access in a massive retirement market.