Trump Set to Greenlight Crypto in 401(k)s; Bitcoin Rallies on Retirement Reform Push
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U.S. president Donald Trump is set to sign a an executive order that aims to allow cryptocurrency, private equity and real estate in 401(k)s, according to Bloomberg . While the details of the directive remain under wraps, sources familiar with the matter told Bloomberg that the order would direct the Department of Labor to ease fiduciary restrictions that currently deter plan administrators from offering such products. Bitcoin (BTC) rose from $114,900 to $15,670 within the hour of the announceme...
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