President Donald Trump’s sweeping executive order that, for the first time, opens the door for digital assets such as Bitcoin and Ethereum to be included in 401(k) and other retirement plans is “monumental,” Joe Sticco, co-founder of Cryptex Finance, told Newsmax Tuesday.
The move, which could affect millions of American workers, is part of what the White House describes as its first detailed framework for cryptocurrency policy, providing regulatory clarity to an industry that has long operated without it.
Speaking on “National Report,” Sticco described the development as “a monumental moment in the financial world, not only just the digital asset space but American finance as a whole because, collectively, what the president has done is open up a $12 trillion retirement market for 401(k) plans, 403(b)s, and other sorts of retirement vehicles, in addition to an over $30 trillion IRA, 403(b) market that’s already accessible.”
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