Crypto's path into America's retirement accounts just hit its final checkpoint — I'm watching the clock now, not the headline.
The Labor Department sent its final 401(k) rule to the White House on Thursday; OIRA logged it November 5 — the last step before publication.
What it changes: fiduciaries get a safe harbor if they weigh six factors — performance, fees, liquidity, valuation, benchmarks, complexity — before adding crypto to a plan menu. Nothing is forced — each employer still chooses. It carries out Trump's August 2025 order.
OIRA has up to 90 days to finish. Pushback is real — three Democratic lawmakers want it withdrawn, and one crypto option charges about 1% a year, vs 0.03–0.10% for a typical S&P 500 index fund.
$BTC flat near $75.9K tonight — no visible reaction yet.
Would you take a crypto option in your 401(k) tomorrow — or is retirement money off limits?
NFA, DYOR.
$BTC #CryptoNews #Regulation #401k
The Labor Department sent its final 401(k) rule to the White House on Thursday; OIRA logged it November 5 — the last step before publication.
What it changes: fiduciaries get a safe harbor if they weigh six factors — performance, fees, liquidity, valuation, benchmarks, complexity — before adding crypto to a plan menu. Nothing is forced — each employer still chooses. It carries out Trump's August 2025 order.
OIRA has up to 90 days to finish. Pushback is real — three Democratic lawmakers want it withdrawn, and one crypto option charges about 1% a year, vs 0.03–0.10% for a typical S&P 500 index fund.
$BTC flat near $75.9K tonight — no visible reaction yet.
Would you take a crypto option in your 401(k) tomorrow — or is retirement money off limits?
NFA, DYOR.
$BTC #CryptoNews #Regulation #401k