US bill seeks to make crypto-friendly 401(k) executive order into law

US bill seeks to make crypto-friendly 401(k) executive order into law

By Cryptopolitan
A US representative is working to make Trump's executive order about cryptocurrency in 401(k) plans official.

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A groundbreaking US congressional bill aims to codify Trump's executive order enabling cryptocurrency investments in 401(k) retirement plans, marking a pivotal moment for mainstream crypto adoption. This legislative push could revolutionize how Americans build retirement wealth through digital assets like Bitcoin, Ethereum, and other cryptocurrencies.

The proposed legislation would formally establish legal frameworks allowing employers to offer blockchain-based investment options within traditional 401(k) portfolios. This development represents a significant shift toward institutional cryptocurrency acceptance, potentially unlocking billions in retirement fund capital for the digital asset market.

Industry experts predict this crypto-friendly 401(k) integration could drive substantial Bitcoin price momentum and broader cryptocurrency market growth. The bill addresses regulatory clarity concerns that have historically limited institutional DeFi and blockchain investment opportunities.

If passed, millions of American workers could gain direct access to cryptocurrency investments through employer-sponsored retirement accounts, fundamentally transforming the intersection of traditional finance and digital assets. This legislative initiative underscores the growing political support for cryptocurrency mainstream adoption and could establish the US as a global leader in blockchain-based retirement investment strategies.

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Market Sentiment
neutral
Category
bitcoin
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Crypto#News

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