Retirement News

Nine US lawmakers asked the SEC to move forward on last month’s executive order to speed up the inclusion of alternative assets like crypto in US retirement funds.

The partnership allows US investors to hold vaulted gold in self-directed IRAs, providing exposure to regulated DeFi strategies.

Over a quarter of Brits said they’d add crypto to their retirement portfolios, while 23% would even withdraw existing pension funds to invest in the space.

Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.

Trump’s move to allow crypto in 401(k) retirement plans could push Bitcoin to $200,000 by the end of the year, according to Bitwise’s head of European research.

Trump’s executive order opening 401(k)s to crypto has drawn a mix of praise, caution and criticism from industry leaders and skeptics alike.

Trump’s move may change US retirement plans. Bitcoin could soon be part of your 401(k), and Wall Street is getting ready.

The White House Press Office confirmed to Cointelegraph that President Trump will sign an executive order allowing crypto exposure in US 401(k) retirement plans.

White House spokesman Kush Desai told Cointelegraph that “No decisions should be deemed official,” unless it comes directly from President Trump himself.

According to Labor Secretary Chavez-DeRemer, this move returns investment decisions to fiduciaries instead of bureaucrats.

Wisconsin, one of the first US states offering Bitcoin exposure to its retirees, previously held over 6 million shares in BlackRock’s Bitcoin ETF.

Letitia James has rallied Congress to support stopping US retirement funds from investing in crypto or crypto ETFs, which she claimed have “no intrinsic value.”

The accounts allow for buying and selling Bitcoin, Ether, and Litecoin under a 1% spread fee.

Senator Tommy Tuberville introduced the Financial Freedom Act in 2022 and 2023. Both times, the legislation failed to get out of committee.

The legislation also requires state pension funds to evaluate investing in crypto exchange-traded funds, and covers the right to self-custody and crypto mining.