Catenaa, Monday, October 20, 2025- Republican Rep. Troy Downing plans to introduce a bill that would turn President Trump’s August executive order on crypto and 401(k) plans into federal law.
The order encourages retirement providers to offer exposure to Bitcoin and other alternative assets.
The one-page Retirement Investment Choice Act would grant the executive order “the force and effect of law,” making access to crypto investment vehicles for retirement savers a legal requirement where deemed appropriate.
Analysts say opening the $25 trillion US retirement industry to digital assets could inject substantial capital into the crypto market, but also raise risks for retirees.
Trump’s executive order emphasizes that Americans should have access to alternative investments to enhance returns on their retirement savings.
Currently, only Bitcoin and Ethereum ETFs provide direct crypto exposure on Wall Street, though other altcoin and meme coin products, including those linked to Solana and Dogecoin, may soon receive SEC approval.
While the bill reflects growing political support for crypto in Washington, its passage is uncertain. A prior effort to codify Trump’s executive order on a strategic Bitcoin reserve remains stalled in the House. Publicly traded companies increasingly tie corporate treasuries to digital assets, which has led to surging, but volatile, market valuations.
