Michaela
The U.S. Securities and Exchange Commission (SEC) has been urged by nine lawmakers to act on President Donald Trumр’s executive order to fast-track the inclusion of alternative assets, including crypto, in U.S. retirement plans.
Key points:
- Nine U.S. lawmakers urged the SEC to expedite Trump’s executive order allowing crypto in 401(k) retirement plans and adjust regulations as needed.
- Easing restrictions could give Americans more flexibility in retirement planning, though critics warn alternative assets carry higher risks, fees, and lower transparency.
- Allowing crypto in retirement plans could help normalize digital assets as a mаinstream investment, attracting broader participation from developers, investors, and financial institutions.
In a letter to SEC Chair Paul Atkins, the nine lawmakers urged the commission to expedite last month’s executive order allowing crypto investments in U.S. 401(k) retirement plans. They also requested the SEC consider any regulatory or guidance adjustments needed to implement the directive effectively.
“Given these directives, we encourage the SEC to provide swift assistance to the Secretary of Labor and to make any necessary revisions to its current regulations and guidance,” the letter wrote. “We are hopeful that such actions will help the 90 million Americans that are currently restricted from investing in alternative assets to secure a dignified, comfortable retirement,” it added.
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In August, President Trump signed the executive order aimed at giving alternative asset managers greater access to trillions in U.S. retirement funds, potentially reshaping how Americans save and grow wealth. The White House noted that regulatory hurdles and concerns over legal challenges have limited retirees’ ability to invest in options that might offer higher returns.
Officials argue that easing these restrictions could give Americans more flexibility in retirement planning. Critics warn, however, that alternative assets often carry higher risks, lower transparency, and increased fees compared with traditional retirement investments.
Retirement Plans Could Open the Door for Crypto and SHIB Growth
If U.S. retirement accounts begin allowing crypto investments, the impact could ripple far beyond the biggest names like Bitcoin and Ethereum. Ecosystem tokens such as SHIB stand to gain from increased exposure to long-term, institutional capital.
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With an estimated $93 billion in potential inflows into 401(k) plans, even a small portion directed toward SHIB could significantly boost its adoption, market stability, and credibility.
Broader participation from retirement funds could also help normalize crypto as a mainstream asset class, attracting more developers, merchants, and investors to the space. This move could mark a pivotal step in blending traditional financial systems with the emerging decentralized economy, strengthening both investor confidence and market growth.
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MICHAELA
Michaela is a news writer focused on cryptocurrency and blockchain topics. She prioritizes rigorous research and accuracy to uncover interesting angles and ensure engaging reporting. A lifelong book lover, she applies her passion for reading to deeply explore the constantly evolving crypto world.
