US Department of Labor Proposes Neutral Evaluation Standards for Digital Assets in 401(k) Plans

The US Department of Labor has proposed a new rule that would allow digital assets to be included in 401(k) plans under neutral evaluation standards.

According to the proposal, plan sponsors would have maximum discretion and flexibility when selecting investment options, including private equity, commodities, and crypto-related products. The department aims to reduce regulatory burdens on retirement plan sponsors and limit litigation risks tied to investment decisions.

Senator Lummis has publicly supported the development, stating that the rule removes bureaucratic barriers and allows digital assets to compete on equal terms with traditional investments.