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US Labor Dept. Proposes 401(k) Crypto Access

April 1, 2026, 12:00 AM164 words10 sources
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US Labor Dept. Proposes 401(k) Crypto Access

Photo: Pexels / Melvin Silva

The U.S. Department of Labor proposed a rule on March 25, 2026, potentially opening $12 trillion in 401(k) assets to cryptocurrency and other alternative investments. This follows a directive from President Trump and reverses Biden-era guidance urging caution with digital assets. The proposal establishes a 'safe harbor' for plan fiduciaries who follow a defined process evaluating risk, fees, liquidity, and complexity, removing a major legal barrier to crypto inclusion. While not explicitly endorsing crypto, the rule aims to modernize retirement investment options and foster innovation. Franklin Templeton anticipates Bitcoin reaching new all-time highs in 2026, despite potential regulatory headwinds from the US midterm elections. Simultaneously, the CFTC secured a $500,000 fine and injunction against KuCoin for operating an unregistered exchange accessible to US traders. Google research indicates a quantum computer could crack Bitcoin wallets in approximately 9 minutes, urging a shift to post-quantum cryptography. Bhutan has been selling off significant Bitcoin holdings, potentially exceeding $84 million in March, stemming from its hydroelectric-powered mining operations.

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