U.S. Regulatory Shifts Fuel Renewed Crypto Investment Interest

The U.S. crypto landscape is experiencing a resurgence as new regulatory policies spark renewed interest in digital currencies. Following the FTX collapse, cryptocurrency investments faced increased scrutiny, leading to restrictions on pension funds venturing into the crypto market. However, recent changes have reversed this trend. The Department of Labor’s decision to overturn its 2022 directive prohibiting cryptocurrency investments in 401(k) plans marks a pivotal shift.