**Trump to Issue Executive Order Opening $9 Trillion Retirement Market to Crypto Investments**
In a move that would revolutionize the US retirement landscape, President Donald Trump is set to sign an executive order allowing Americans to invest in cryptocurrencies and other alternative assets through their 401(k) plans.
According to reports, the forthcoming order will instruct regulatory bodies to identify and eliminate obstacles hindering the inclusion of these asset classes in professionally managed retirement portfolios. This bold step aims to open up the $9 trillion US retirement market, currently restricted to traditional stocks, bonds, and real estate investments.
The move marks a significant shift from the Biden administration’s stance on crypto assets in retirement accounts. In May, the Department of Labor rescinded a rule that discouraged plan administrators from offering cryptocurrency exposure. This momentum has continued with the passage of three crypto bills backed by Trump: the GENIUS Act, Clarity Act, and Anti-CBDC Act.
Critics have raised concerns about the potential risks associated with shifting savings into higher-fee, less-liquid assets like private equity and digital tokens. Unlike publicly traded securities, these investments are harder to value, more difficult to trade, and offer reduced transparency, potentially leaving investors vulnerable.
However, proponents of the move argue that it would provide Americans with greater financial flexibility and diversification options, allowing them to take control of their retirement savings.
Source: cryptobriefing.com