Proposed rule allowing crypto in 401(k) plans reaches White House, The Block reports
CIE News ·
Based on reporting by The Block; not yet independently confirmed.
A proposed rule to enable 401(k) retirement accounts to include cryptocurrencies and other alternative assets has reached the White House for review, according to The Block.
A proposed rule that would permit 401(k) retirement plans to hold alternative assets, including cryptocurrencies, has arrived at the White House for review, The Block reported. The submission indicates the administration is moving toward opening standard retirement vehicles to digital assets. The regulatory proposal is currently under review at the executive level.
Key facts
- Rule reached White House
- Applies to 401(k) plans
- Under White House review
Read the original at The Block