US 401(k) Crypto Rule Reaches White House as Experts Weigh Whether Altcoins Can Qualify

TLDR The Labor Department sent its 401(k) alternative assets rule to the White House for final review on Thursday. The proposal names no specific cryptocurrencies and sets no minimum market cap. Plan managers must weigh six factors, including fees, liquidity and valuation. Experts expect Bitcoin and Ether first, with ETFs likely before direct holdings. Legal protection for employers is limited, and a future administration could reverse the rule. A proposed rule that would make it easier to offer crypto in 401(k) plans has reached the White House. The Labor Department filed it with the Office of Information and Regulatory Affairs on Thursday. That office sits within the Office of Management and Budget and reviews federal rules before they are published.

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