The president of the United States, Donald Trump, will sign an executive order that aims to allow cryptocurrencies, private capital and real estate in 401(K)S, according to Bloomberg.
While the details of the directive remain secret, the familiar sources with the matter told Bloomberg to direct it to the Department of Labor that relieve the fiduciary restrictions that currently deter the administrators of the plans to offer such products.
Bitcoin
It rose from $ 114,900 to $ 15,670 within the time of the ad, since the merchants interpreted the news as a bullish for long -term cryptographic adoption.
Although still shy with the psychological level of $ 120,000 that touched briefly last month, the rally revived the speculative impulse, with derivative markets that also show a leap in interest and open volume.
There were concerns about the inclusion of cryptocurrencies in retirement plans at the end of 2024, and, according to the reports, the Labor Department “lacks data” to supervise the growing prevalence of cryptography holdings.
Read more: Bitcoin’s volatility disappears at levels not seen since October 2023
