Today, the President of the United States, Donald Trump, has signed an executive order that aims to give 401 (K) investors access to alternative assets (such as digital assets).
According to the official announcement:
“The order sends the Labor Secretary to re-examine the guidelines of the Ministry of Labor on the tasks of a Fiduciary with regard to alternative asset investments in Erisa-Governed 401 (K) and other plans for the defined contribution.”
This is as part of Trump’s plans to establish the country as the leading player in the cryptocurrency industry. Until now, the order also stipulates that “alternative assets, such as private equity, real estate and digital assets, competing returns and diversification -benefits.”
The entire cryptocurrency market rose on the news, with the price trade of Bitcoin above $ 117,000 and charged an increase in 2%.
Ethereum (ETH), one of the heaviest altcoins discussed in the past month, has won 5%.
At the time of this letter, the total market capitalization is $ 3.93 trillion, because Bitcoin’s dominance wants to recover the 60% Marker.
Binance free $ 600 (excluding cryptopotato): Use this link to register a new account and receive $ 600 excluding welcome offer on Binance (Full details).
Limited offer for Cryptopotato readers at Bybit: Use this link to register and open a free function of $ 500 on each coin!
#Trump #signs #executive #order #Bitcoin #Crypto