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Benzinga
Benzinga
Business
Murtuza J Merchant

Trump Opens 401(k) Plans To Crypto, Cracks Down On Crypto Banking Discrimination

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President Donald Trump signed two executive orders on Thursday advancing the role of digital assets in the U.S. financial system. One order allows 401(k) retirement plans to include cryptocurrencies, while the other targets what the administration calls discriminatory banking practices against crypto firms.

The first order directs the Department of Labor to reassess its guidance, which currently restricts alternative asset exposure in employer-sponsored retirement plans.

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