🇺🇸 Donald Trump wants to open pension savings for crypts and private capital - Bloomberg

➥ In pension funds 401 (k), where $ 12.5t is now stored, they plan to allow investments in cryptocurrency, private capital, real estate and other alternative assets.

➥ The Ministry of Labor and SEC will instruct to simplify the rules and remove legal restrictions that prevented such investments due to “fiducial risks”.

➥ This is the largest step of the Trump administration towards the institutionalization of the crypt.

📌 Why is it important:
If the initiative shoots, millions of Americans will gain access to cryptocurrency through pension plans. This will open the market for new capital flows - along with ETF, but in another segment.‌‌