401K
The bros will say this heralds a brave new world. My worry as a natural contrarian is that with mortgages now allowing crypto collateral and 40Ks more open to crypto… maybe it’s a new era or perhaps we may have peaked?
U.S. Rule Change May Open Trillions In 401(k) Funds To Crypto
CoinDesk
New US Rule Seeks To Open $8T Retirement Market To Crypto
Decypt
US Labor Department Proposes Opening 401(K) Plans To Crypto To Implement Trump Order
The Block
Worries about the SEC abound but then again the New York Lie is so entrenched in its Trump Derangement Syndrome, their concerns may simply reflect their own mad prejudices?
From Foe To Ally: The S.E.C. Is Now Writing Crypto-Friendly Policies (The New York Times).
A firm I have genuinely never heard of is now a unicorn, welcome to crypto V2026: Crypto Investment Firm Keyrock Valued At $1.1 Billion In Series C Led By SC Ventures (CoinDesk) while Barron’s reckons Crypto Is Getting Closer To Upending The Stock Market. The Next Battle Comes Soon. (Barron’s). Albeit that seems to be more about tokenization than the idea of crypto implosion taking investment outlook into bearish territory which is how I first interpreted the headline.
That said there is some cause for concern about the Trump-crypto nexus and at last opposition politicians are starting to get over their SBF PTSD to enquire:
Senator Questions SEC Over Treatment Of Trump-Linked Crypto Businesses
Decrypt
Blumenthal Demands Answers From SEC Chairman Over Preferential Treatment Of Trump Crypto Backers
Blumenthal Senate
…and of course the mysterious departure of the SEC enforcement head after a scant half year in situ continues to arouse suspicions: Senators Query SEC On Crypto After Enforcement Head Quits (Bloomberg).
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