The U.S. Department of Labor has proposed a rule that would allow cryptocurrencies and certain private market assets to be offered inside 401(k) retirement plans, expanding investment choice while raising new compliance and risk-management questions.
The Labor Department on Monday proposed a rule, following an executive order from President Donald Trump, to expand access to digital assets in retirement plans. The move could unlock trillions in 401(k) investments and accelerate institutional crypto infrastructure.
The White House has cleared a Labor Department proposal that could broaden access to crypto-linked investments within 401(k) retirement plans. The move marks a regulatory green light to begin formal rulemaking, though protections and details remain to be worked out.