Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice, investigations, and adversarial matters including commercial disputes, bankruptcy, and related litigation. As these markets continue their rapid growth and market participants continue to evolve and mature their businesses, we are providing this weekly digest as a resource that highlights and summarizes a selection of key recent legal regulatory developments.
U.S. Department of Labor Proposes Rule to Open 401(k) Plans to Crypto and Alternative Assets
On March 30, the U.S. Department of Labor (DOL) released a proposed rule that would make it easier for 401(k) retirement plans to include cryptocurrencies. The proposal, titled Fiduciary Duties in Selecting Designated Investment Alternatives, responds to an executive order signed by President Donald Trump in August directing the DOL and the Securities and