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President Trump is set to sign an executive order allowing Bitcoin and private equity in 401k plans, expanding retirement investment options. The move could unlock billions in inflows while raising concerns over risk exposure for retail investors.
- The executive order removes restrictions on Bitcoin, gold, and private equity in 401k plans, expanding beyond traditional stocks and bonds.
- The Labor Department is creating a 'safe harbor' rule to shield plan administrators from legal risks when offering alternative assets.
- Trump’s administration is also pushing for crypto tax reforms, including eliminating capital gains taxes on small Bitcoin transactions.
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Other Tags: Alternative Investments, Apollo, Labor Department