The U.S. Department of Labor is reversing its previous warnings against including cryptocurrencies in retirement investments, arguing that it should not dictate which assets are deemed risky. This shift aligns with the Trump administration's broader embrace of digital assets and follows significant changes in the crypto market, where investments have seen substantial gains since the earlier caution was issued.

US President Donald Trump has signed an executive order that allows Americans to include alternative assets like cryptocurrencies in their 401(k) retirement plans. The move aims to provide greater asset diversification and competitive returns, though experts caution about the potential risks associated with the volatility of such investments. Following the announcement, Bitcoin's price saw a slight increase as the sector anticipates access to a significant pool of retirement funds.