The Trump Administration has revoked Biden-era guidance that discouraged including cryptocurrency investment options in 401(k) retirement plans.
The Labor department has returned to a neutral stance, allowing fiduciaries to make decisions regarding crypto inclusion in retirement plans.
Critics warn that removing the guidance could expose retirement investors to increased risks due to cryptocurrency market volatility.
President Trump has shown enthusiasm for cryptocurrencies, launching a $TRUMP meme coin and signing an Executive Order for a Strategic Bitcoin Reserve.