According to the source, a claim circulated that U.S. Congressman Troy Downing introduced a bill to codify a Trump executive order allowing cryptocurrencies and alternative assets in 401(k) retirement accounts. Source: user-provided social post. This claim cannot be independently verified here because the post includes no bill number, congressional filing, or member press release; traders should wait for an official listing on Congress.gov or an announcement on the member’s official site before adjusting positioning. Source: Congress.gov official legislation database. Regulatory context remains that plan fiduciaries face heightened scrutiny when offering crypto options in 401(k)s under existing federal guidance that cautions against crypto exposure in employer plans. Source: U.S. Department of Labor Field Assistance Bulletin 2022-01. Some providers already allow limited BTC exposure within 401(k) platforms subject to employer approval, indicating that access currently depends on plan sponsors rather than federal statute. Source: Fidelity Investments press release dated April 26, 2022.

According to the source, there is a claim that some U.S. lawmakers are urging the SEC to enable 401k plans to offer Bitcoin BTC and other crypto, but the SEC has not published any rulemaking, proposal, or press release confirming such a policy at the time of writing (source: U.S. Securities and Exchange Commission). Current Department of Labor guidance warns plan fiduciaries to exercise extreme care with crypto in 401k lineups, which remains a key regulatory constraint for plan adoption (source: U.S. Department of Labor, EBSA Compliance Assistance Release 2022-01). For trading, the actionable setup is to monitor the SEC rulemaking docket and the Federal Register for any official proposal and to watch 401k recordkeepers or plan sponsors for implementation signals, as only confirmed regulatory changes would credibly imply incremental retirement-plan demand similar to the dynamic observed after spot Bitcoin ETF approvals in January 2024 (source: SEC; Federal Register; SEC approval orders for spot Bitcoin ETFs, January 2024).