Historic Boost in US Retirement Policy
In a move that is considered bold and ambitious, former US President Donald Trump has just announced plans to sign an executive order allowing Americans to invest in Bitcoin, gold, real estate and private equity through 401(k) retirement accounts.
The order would require the U.S. Department of Labor to review ERISA — which has long limited employees’ investment options — and work with the Treasury Department and the Securities and Exchange Commission to update the regulatory framework.
If passed, it would be the most sweeping overhaul of the US pension system in decades.
Using Crisis to Drive Reform
Trump’s decision comes just days after he fired the head of the Bureau of Labor Statistics (BLS) over disappointing employment data, which was revised down by 258,000 jobs – raising concerns about the US economy’s fragile recovery.
Trump once stated: “Americans need more control over their own assets.”
And this time, he made it happen by promoting alternative financial instruments like cryptocurrencies, offering new opportunities for workers to protect and grow their personal assets.
The $9 Trillion Retirement Market Opens Doors to Crypto
If the order is implemented, the massive $9 trillion U.S. retirement market would officially be opened to digital assets like bitcoin and other cryptocurrencies — marking a historic turning point for the crypto industry.
Financial giants like BlackRock, Apollo, and Blackstone are all ready to integrate bitcoin into their 401(k) portfolios, ushering in a golden age for crypto to mainstream the US financial system.
Currently, the global crypto market is reaching a capitalization of up to 3,820 billion USD, with Bitcoin price reaching 116,470 USD and Ethereum at 3,812 USD, according to CoinMarketCap.
Conclusion
Opening up the pension market to digital assets is more than just a policy change – it is truly revolutionary. And with strategic vision.
