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Trump Administration Inches Closer to Opening 401(k)s to Crypto

By BITCOINIST EDITOR

The Trump administration has moved another step closer to opening America’s $10 trillion-plus retirement market to cryptocurrency. The US Department of Labor (DOL) has submitted a proposed regulatory framework to the White House for review, potentially bringing Bitcoin and other alternative investments closer to…

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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