Trump Approves Crypto for US Pension Savings

» Published: August 07 2025 at 13:52

Trump Approves Crypto for US Pension Savings
Photo: Alex Brandon/AP/TT

Share this article

The President of the USA, Donald Trump, is expected today to sign an amendment that opens up for Americans to pension save in, among other things, crypto currencies.

The amendment applies to the so-called 401(k) plans which are an employer-sponsored pension account. According to Bloomberg, there are approximately 12 billion dollars to manage on the pension accounts.

The initiative aims to increase the options for pension savers. Critics mean at the same time that it entails greater risks and potentially higher fees.

Loading related articles...

Tags

Author

TTT
By TTEnglish edition by Sweden Herald, adapted for local and international readers
Loading related posts...