When we look at the world today, any bank account that has gotten to the stage of retirement is an account that has little to no idea on crypto currencies. It is announced that President Trump prepares to sign an executive order to allow retirement accounts to take part in investing into cryptocurrencies. These accounts are said to be about 401k accounts, going beyond the traditional investment of stocks like gold and its likes.
If this order is signed, what will be its effect on the market?
It's a good idea to save the future retirees according to the purpose of the investment itself.
For the market itself, the effect will probably be more positive because the world, especially America, will become more aware of the importance of facing the future challenges of the economy with a more modern system.
Other countries will also follow slowly especially if I know that Trump has signed the GENIUS Act which regulates the crypto world, especially Stable coins which have pluses and minuses.