Trump Crypto Executive Orders: Kiyosaki Praises New 401(k) and Debanking Rules
Main Idea
Trump's executive orders aim to open the $43 trillion U.S. retirement market to crypto investments and end banking discrimination against crypto firms, sparking a bullish market response.
Key Points
1. Trump signed an executive order allowing 401(k) retirement investments in eligible crypto portfolios, unlocking access to the $43 trillion U.S. retirement market.
2. The crypto market reacted positively, with Bitcoin briefly spiking to $117,689 and Ethereum surpassing $3,900.
3. A separate executive order targeted 'Operation Chokepoint 2.0,' ending alleged discrimination against crypto firms in banking services.
4. High-profile debanking cases involving Ripple, Coinbase, and Kraken executives highlighted the need for the policy change.
5. Trump's pro-crypto policies since taking office in January 2025 have strengthened the industry's position globally.
Description
Robert Kiyosaki praised Donald Trump after the president signed an order allowing retirement accounts to invest in Bitcoin. The policy opens access to the $43 trillion U.S. retirement market. Trump also ended banking discrimination against crypto firms, targeting what industry leaders call “Operation Choke Point 2.0.” Author and financial advisor Robert Kiyosaki is praising President Donald Trump as a “great leader” after Trump signed two major pro-crypto executive orders this week. Taking to so...
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