U.S. Retirement Market Proposal May Include Digital Assets

The White House has completed its review of a Labor Department proposal that could potentially allow digital assets to be included in U.S. retirement plans. According to NS3.AI, the proposal pertains to the $48.1 trillion retirement market and was marked 'consistent with change' following the March 24 review. This sets the stage for a 60-day public comment period once the proposal is published. While the rule is not yet finalized, it represents a shift from the Labor Department's previous cautionary stance on including cryptocurrencies in 401(k) plans, which was issued in 2022.