Trump Admin Scraps Biden-Era Crypto Warnings for 401(k) Plans

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Trump Admin Scraps Biden-Era Crypto Warnings for 401(k) Plans—Wall Street Grins

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2025-05-28 19:55:37

Trump’s Labor Department Retracts Biden-Era Guidance Against Crypto in Retirement Plans

The Labor Department just ripped up the rulebook on crypto in retirement accounts—clearing the way for Bitcoin ETFs to flood your 401(k).

No more ’extreme caution’ warnings: The 2022 Biden-era guidance that treated digital assets like radioactive waste now gets the shredder treatment.

Wall Street’s already licking its chops—nothing boosts fee revenue like convincing boomers to ’diversify’ with volatile assets their advisors don’t understand.

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