Congressman Introduces Bill to Legalize Crypto in 401(k) Accounts

US Congressman Troy Downing has proposed a bill that would allow cryptocurrencies like Bitcoin and Ethereum to be included in employee retirement accounts, similar to how traditional assets are managed. The move builds on an executive order signed by former President Trump which relaxed restrictions on including digital assets within 401(k) plans. This could signify significant progress for mainstream crypto adoption as it allows individuals greater control over their retirement investments. Downing’s proposal aims to solidify the flexibility offered under Trump’s order, ensuring clarity and confidence in how people manage their retirement funds.