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Trump to Greenlight Crypto in 401(k)s | COINDESK DAILY

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 8 August 2025

⏱️ 3 minutes

🧾️ Download transcript

Summary

A new executive order from President Trump is set to allow cryptocurrencies, private equity, and real estate in 401(k) retirement plans. What does this mean for BTC and your wallet? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”

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Transcript

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0:00.0

At Matalan, the big summer sale is on.

0:03.4

Get up to 50% off across women's men's and kid styles plus homeware too.

0:08.5

It's the perfect time to fill your basket with this season's favorites.

0:12.9

Head to your nearest store today or shop the sale online at matelan.com.

0:17.8

T-and-c's apply.

0:20.0

Trump's set to greenlight crypto in 401Ks and a new acquisition for Ripple.

0:25.2

You're watching Coin Desk Daily.

0:26.7

I'm your host, Jen Sanassi.

0:34.5

According to Bloomberg, President Trump is set to sign an executive order that aims to allow cryptocurrency, private equity, and real estate in 401ks.

0:42.6

While the details of the directive remain under rap, sources familiar with the matter, told Bloomberg that the order would direct the Department of Labor to ease fiduciary restrictions that currently deter plan administrators from offering such products.

0:54.2

Bitcoin rose $114,900 to $15,670 within an hour of the announcement and is currently

1:02.4

sitting at around $116,570.

1:05.6

Ripple is buying rail a stablecoin payments platform for $200 million.

1:10.3

Rail is a Toronto-based payments platform backed by Galaxy Ventures and Accomplice.

1:15.0

The acquisition is a way for Ripple to delve deeper into the fast-growing stablecoin

1:18.6

ecosystem after launching its RLUSD stablecoin.

1:22.4

Ripple president Monica Long said stablecoins are quickly becoming a cornerstone of modern finance, and with

1:28.1

rail, we are uniquely positioned to drive the next phase of innovation and adoption of stable

1:32.7

coins and blockchain in global payments. The deal is likely to close in the fourth quarter of this

1:38.1

year. Midnight is a privacy-enhancing blockchain, introducing vital, programmable privacy and selective

1:43.7

disclosure capabilities.

1:46.0

It means DAPS can allow users to control what information is revealed without putting sensitive

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