Trump plans to sign an executive order allowing cryptocurrencies to be included in 401(k) retirement plans

According to the Financial Times, sources revealed that Trump plans to sign an executive order allowing "alternative investments" such as cryptocurrencies, gold, and private equity to be included in 401(k) retirement plans. The order will require regulators to review existing obstacles, paving the way for these assets to enter professionally managed retirement funds. Trump is expected to sign the executive order as early as this week. Previously, the U.S. Department of Labor withdrew its previous warning against including cryptocurrencies in investment strategies in May. As of March of this year, the size of U.S. 401(k) retirement funds is approximately $8.7 trillion. [Foresight News]