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.
The move, aimed at revising regulatory interpretations under the Employee Retirement Income Security Act (ERISA), also instructs the Securities and Exchange Commission and Treasury Department to consider regulatory updates that could expand retail access to digital assets through accredited investor pathways.
This directive builds on Trump’s earlier crypto-related actions, including a strategic digital asset reserve and a national …