US Retirement System Could See Crypto Shakeup Under President Trump Plan
President Donald Trump's latest proposal aims to revolutionize the $9 trillion US retirement market by allowing cryptocurrency investments. This move could funnel tens of billions into digital assets, marking a stark departure from traditional retirement norms.
The Financial Times reports that Trump's executive order, signed on January 23, 2025, explicitly backs the US crypto industry, calling for regulatory clarity and infrastructure investment. A Washington Post investigation reveals that 20% of Trump's top appointees hold crypto assets worth up to $120 million, signaling strong institutional alignment with digital currencies.
While interest in crypto retirement accounts grows, historical data suggests caution. The proposal represents both a potential windfall for the crypto market and a risky bet on volatile assets entering conservative retirement portfolios.