US Bill Seeks Crypto Inclusion in 401(k) Plans

Montana Republican Representative Troy Downing introduced the Retirement Investment Choice Act in the U.S. House to legalize cryptocurrency investments in 401(k) plans, advancing Trump’s executive directive.

This bill, without Senate introduction, could democratize financial options in retirement plans, potentially channeling significant new capital into the crypto market upon regulatory approval.

U.S. House Bill Targets Crypto Expansion in 401(k)s

The bill aims to codify an executive order by directing the Department of Labor to pave the way for crypto inclusion in retirement plans. Authored by Republican Representative Troy Downing, it proposes allowing 401(k)s to invest in cryptocurrencies similar to equities.

Advocates assert this could transform retirement investment strategies by offering broader access to alternative assets. If enacted, U.S. pension plans could expand access to significant capital flows into the crypto market.

“Alternative investments hold the transformative potential to supercharge the financial security of countless Americans saving for retirement. I applaud President Trump for his leadership to democratize finance and am proud to be leading the effort in Congress to codify his EO.” — Troy Downing, Congressman, U.S. House of Representatives

Legislative Move Parallels Bitcoin ETF Advancements

Did you know? The proposal to include cryptocurrencies in 401(k) plans could mirror past regulatory transitions, such as the approval of Bitcoin spot ETFs, which significantly increased institutional participation and public acceptance.

Bitcoin (BTC) currently trades at $113,005.71 with a market cap of $2.25 trillion, occupying a substantial 58.48% market dominance. According to CoinMarketCap, the cryptocurrency saw a 0.72% dip over 24 hours as part of broader weekly corrections totaling 7.47%.

Coincu Insights highlight the legislative push could spur substantial investments if the bill advances, potentially mirroring historical trends when institutional crypto products such as ETFs transitioned from proposal to reality. The monetary implications may unfold as regulatory pathways clear up.