cripto401k

🚀 Trump Rescinds the Biden Guidance and Opens the Door to Crypto in 401(k) Plans 💼💰

The Trump administration has revoked the guidance issued in 2022 during the Biden era that warned about the risks of including cryptocurrencies in 401(k) retirement plans, removing regulatory restrictions and returning the investment decision to fiduciaries, not to Washington bureaucrats.
This measure may boost the inclusion of cryptocurrencies like Bitcoin in a $9 trillion market of 401(k) assets, where currently less than 1% is invested in crypto assets. Labor Secretary, Lori Chávez-DeRemer, called the previous guidance an “overreach” and stated that decisions should be made by fiduciaries.
Trump, who has shifted from critic to promoter of cryptocurrencies, aims to make the U.S. the “world capital of cryptocurrencies,” promoting clearer and less restrictive regulatory frameworks for the sector.
Highlights for Binance:
• 🏛️ The Department of Labor removes the warning against crypto in 401(k) plans.
• 💼 More flexibility for fiduciaries to include crypto in retirement funds.
• 📉 Currently, crypto represents less than 1% in 401(k) plans, but growth is expected.
• 🇺🇸 Trump pushes the U.S. as a global leader in digital financial technology.
• 💥 Potential revolution for cryptocurrency investment in retirement.
Get ready for a crypto boom in retirement funds! 🚀📈
#TrumpCrypto #cripto401k $BTC #inversioninteligente #DonaldTrump