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U.S. 401(k) Crypto Rule Reaches White House Final Review

A U.S. Department of Labor proposal would allow cryptocurrency investments in 401(k) plans.

Updated 1 min read
The White House stands behind its perimeter fence along Pennsylvania Avenue in Washington, D.C. / EconoTimes.ai (mono)
The White House stands behind its perimeter fence along Pennsylvania Avenue in Washington, D.C. / EconoTimes.ai (mono)

A U.S. Department of Labor (DOL) rule on retirement investing has reached the White House’s final review, where a proposal to allow cryptocurrency in 401(k) plans is under consideration.

The proposal would give 401(k) plans the option to include cryptocurrency investments. Earlier EconoTimes coverage examined possible effects on fiduciaries weighing crypto-related options.

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