US bill allowing crypto in 401(k)s passes White House review

A bill that would allow cryptocurrency to be included in 401(k) retirement savings plans has passed a White House regulatory review, according to Bloomberg Law. The White House Office of Information and Regulatory Affairs (OIRA) has completed its examination of the proposal. The U.S. Department of Labor (DOL) is expected to officially announce the revised regulations within the coming weeks. This development follows an executive order signed by President Donald Trump last August, which aimed to permit 401(k) plans to invest in alternative assets such as cryptocurrency, real estate, and private equity.