New Bill Aims to Integrate Cryptocurrencies into 401(k) Retirement Plans

A recent bill introduced in the US House of Representatives could revolutionize retirement savings by allowing cryptocurrency investments within 401(k) plans. Congressman Troy Downing is pushing for a significant change based on President Trump’s executive order promoting crypto-friendly 401(k)s, aiming to increase both Bitcoin and Ethereum demand. This legislative move could potentially impact the $9.3 trillion 401(k) market.