Trump’s Executive Order: $9 Trillion 401(k) Funds Open Door to Crypto Market

On August 7th, U.S. President Donald Trump signed an executive order that significantly impacts the crypto market landscape. This order allows fixed-contribution retirement plans like 401(k)s to invest in alternative assets for the first time, including cryptocurrencies. The impact of this rule is substantial: it opens up a $9 trillion pool of retirement savings to explore the potential of digital assets.