Currencies34097
Market Cap$ 4.10T+1.77%
24h Spot Volume$ 75.48B+37.9%
DominanceBTC57.27%-1.51%ETH11.03%+3.97%
ETH Gas2.64 Gwei
Cryptorank

Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market


by Ronaldo Marquez
for NewsBTC
Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

President Donald Trump is reportedly poised to open the $9 trillion retirement market to a range of alternative investments, including crypto, gold, and private equity. 

According to the Financial Times, this initiative is expected to be formalized through an executive order as early as this week. It seeks to diversify the investment options available within 401(k) plans, which have traditionally been limited to stocks and bonds.

Crypto In Retirement Savings

Trump’s forthcoming executive order will direct regulatory agencies to explore the necessary adjustments to facilitate the inclusion of these alternative asset classes in professionally managed retirement funds. 

According to insiders familiar with the plan, this shift aims to enable American workers to invest their retirement savings in a broader spectrum of opportunities, including digital assets, metals, and funds that focus on private loans and corporate takeovers.

This executive order marks a significant acceleration in Trump’s efforts to mainstream cryptocurrency investments. His administration has already taken steps to ease regulatory burdens, notably by reversing a Biden-era policy that discouraged the inclusion of crypto options in retirement accounts. 

The recent passage of three crypto-related bills by the House, which Trump has vocally supported, further underscores his commitment to bolster the digital asset industry.

Higher Fees And Transparency Concerns

The implications of opening the retirement market to private equity are vast. Major capital groups, including Blackstone, Apollo, and BlackRock, have expressed keen interest in gaining access to 401(k) funds, which they view as a potential source of hundreds of billions in new assets. 

However, the push to integrate less liquid private investments into retirement plans carries inherent risks. Higher fees and reduced transparency regarding asset valuations may pose challenges for plan administrators and investors alike. 

Crypto

Featured image from DALL-E, chart from TradingView.com

Read the article at NewsBTC

Read More

Dogecoin Whale Bets $21 Million After $2.14M Profit – What’s Going On?

Dogecoin Whale Bets $21 Million After $2.14M Profit – What’s Going On?

A major Dogecoin whale is making a bold $21.24 million leveraged bet just days after ...
Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible

Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible

Bitcoin reached a new all-time high of $122,838 on July 14, but has since slipped int...

Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market


by Ronaldo Marquez
for NewsBTC
Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

President Donald Trump is reportedly poised to open the $9 trillion retirement market to a range of alternative investments, including crypto, gold, and private equity. 

According to the Financial Times, this initiative is expected to be formalized through an executive order as early as this week. It seeks to diversify the investment options available within 401(k) plans, which have traditionally been limited to stocks and bonds.

Crypto In Retirement Savings

Trump’s forthcoming executive order will direct regulatory agencies to explore the necessary adjustments to facilitate the inclusion of these alternative asset classes in professionally managed retirement funds. 

According to insiders familiar with the plan, this shift aims to enable American workers to invest their retirement savings in a broader spectrum of opportunities, including digital assets, metals, and funds that focus on private loans and corporate takeovers.

This executive order marks a significant acceleration in Trump’s efforts to mainstream cryptocurrency investments. His administration has already taken steps to ease regulatory burdens, notably by reversing a Biden-era policy that discouraged the inclusion of crypto options in retirement accounts. 

The recent passage of three crypto-related bills by the House, which Trump has vocally supported, further underscores his commitment to bolster the digital asset industry.

Higher Fees And Transparency Concerns

The implications of opening the retirement market to private equity are vast. Major capital groups, including Blackstone, Apollo, and BlackRock, have expressed keen interest in gaining access to 401(k) funds, which they view as a potential source of hundreds of billions in new assets. 

However, the push to integrate less liquid private investments into retirement plans carries inherent risks. Higher fees and reduced transparency regarding asset valuations may pose challenges for plan administrators and investors alike. 

Crypto

Featured image from DALL-E, chart from TradingView.com

Read the article at NewsBTC

Read More

Dogecoin Whale Bets $21 Million After $2.14M Profit – What’s Going On?

Dogecoin Whale Bets $21 Million After $2.14M Profit – What’s Going On?

A major Dogecoin whale is making a bold $21.24 million leveraged bet just days after ...
Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible

Bitcoin Re-Enters Profit Zone As Greed Rises, But Rally To $200,000 Still Possible

Bitcoin reached a new all-time high of $122,838 on July 14, but has since slipped int...