
Trump Prepares Executive Order to Unlock $9 Trillion US Retirement Market for Bitcoin and Crypto
President Donald Trump is reportedly set to sign a sweeping executive order that could revolutionize the way Americans invest in retirement accounts by allowing cryptocurrencies like Bitcoin into 401(k) and IRA accounts, potentially unlocking the massive $9 trillion retirement market.
Sources close to the matter have revealed that the Trump administration is finalizing an order directing federal agencies to remove existing restrictions on alternative assets such as gold, private equity, and cryptocurrencies. Currently, most US retirement accounts are restricted to traditional securities, including mutual funds and index-tracking ETFs. Cryptocurrency investments, while technically allowed in self-directed IRAs, remain off-limits in most 401(k) plans due to Department of Labor guidance labeling them as too risky.
If implemented, Trump’s order would reverse Biden-era DOL policies and create a regulatory path for managed retirement plans to include Bitcoin, Ethereum, stablecoins, and potentially tokenized securities.
Source: www.cryptoninjas.net