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U.S. Labor Department moves to open 401(k)s to alternative assets after Trump executive order

The U.S. Labor Department has proposed a rule that would allow 401(k) retirement plans to offer alternative assets. The move follows an executive order signed by former President Donald Trump and would roll back Biden-era guidance that cautioned plan sponsors against adding cryptocurrency options. If finalized, the change could expand investment choices for about 90 million Americans, potentially including exposure to assets such as #Bitcoin.
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