President Trump plans to sign an executive order soon that will allow Americans' 401k retirement savings to invest in alternative assets such as cryptocurrencies like Bitcoin.
The Financial Times (FT) of the UK reported on the 17th (local time). 401k is a pension fund for American retirees, and is defined in the 401k section of the US Internal Revenue Service (IRS) regulations.
These are called 401k plans. Until now, 401k plans were prohibited from investing in crypto assets such as Bitcoin, which are risky assets.
However, President Trump has threatened to open up the $9 trillion retirement market to crypto investors.
The FT predicts that the order will come into effect this week, citing sources familiar with the matter.
I was told that it was expected.
2025/07/18 14:28 KST
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