Mike Novogratz, chief executive of Galaxy Digital, told CNBC that a new executive order from US President Donald Trump could make it easier for retirement plans to include cryptocurrencies.

According to reports, the order asks the Labor Department to review ERISA rules so alternatives such as crypto, private equity, and real estate can be offered inside 401(k) plans.

That’s a policy signal that could matter to many savers, but it will not instantly change how plans operate.

Trump EO: Potential For Trillions In Retirement Savings

Based on reports, Americans hold about $8.7 trillion in 401(k) assets, so even small allocations would add up.

Novogratz said that if companies like Fidelity, BlackRock or T. Rowe Price package crypto in retirement-friendly vehicles, mainstream access would

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