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Trump plans to sign a decree to allow cryptocurrencies to be included in 401(k) retirement plan
According to Foresight News, according to the Financial Times, sources revealed that Trump plans to sign an executive order allowing "alternative investments" such as cryptocurrency, gold and private equity to be included in the 401(k) retirement plan. The order would require regulators to review existing barriers, paving the way for these assets to enter professionally managed retirement funds. Trump will sign executive orders as early as this week. Earlier, the U.S. Department of Labor had withdrawn its previous warnings about incorporating cryptocurrencies into its investment strategy in May. As of March this year, the size of the 401(k) retirement fund in the U.S. was approximately $8.7 trillion.
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