CoinDesk Podcast Network Trump to Greenlight Crypto in 401(k)s | COINDESK DAILY
Aug 8, 2025
President Trump's upcoming executive order is set to revolutionize 401(k) plans by introducing cryptocurrencies, private equity, and real estate. What implications could this have for Bitcoin and personal finances? The discussion also covers Ripple's acquisition of Rail and its impact on the stablecoin sector. Additionally, listeners learn about Midnight, a new blockchain focused on enhancing privacy for decentralized applications, along with the legal battles of a Tornado Cash developer.
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Ripple Acquires Rail To Expand Stablecoins
- Ripple is buying Rail for $200 million to deepen its stablecoin payments reach.
- Monica Long says Rail positions Ripple to drive innovation and adoption in global stablecoin payments.
Bitcoin Jumped On The Announcement
- Jennifer Sanasie reports Bitcoin jumped roughly $1,000 within an hour after the announcement.
- Markets reacted immediately to the policy signal about retirement accounts.
Trump To Allow Crypto In 401(k)s
- Trump will sign an order to allow crypto, private equity, and real estate in 401(k)s.
- It asks the Department of Labor to relax fiduciary limits on plan administrators.