WASHINGTON, DC — PRESIDENT DONALD TRUMP on Thursday signed an executive order allowing cryptocurrencies in 401(k) retirement plans, a move that impacts financial planning across the U.S., according to CoinDesk. The order directs the Department of Labor and SEC to revise guidance, placing crypto alongside private equity and real estate, potentially funneling billions into assets like Bitcoin and ETFs like BlackRock’s iShares.
Matt Hougan of Bitwise hailed it as empowering individual choice, while Jeffrey Hirsch of Hirsch Holdings favors ETFs over direct coin risks. According to Reuters, alt investments in 401(k)s could pose liquidity risks , fee concerns and potential lack of disclosures.
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