Trump Signs Orders to Allow Crypto in 401(k) and Ban Banking Discrimination

President Trump has enacted two executive orders with significant implications for the cryptocurrency sector. The first prohibits banks from denying services based on political, religious, or crypto-related affiliations, mandating regulators to clamp down on discriminatory practices. The second order unlocks the $12.5 trillion 401(k) retirement market for cryptocurrencies and alternative investments, expanding growth opportunities for American retirees.

These measures mark a pivotal shift toward equitable financial access and modernized retirement planning. By integrating digital assets into mainstream retirement accounts, the administration is bridging the gap between traditional finance and emerging asset classes. The banking provision counters longstanding industry biases against crypto businesses—a move likely to accelerate institutional adoption.