WuBlockchain Weekly: US Proposes Relaxing Rules for 401 (k) Plans to Invest in Crypto, Google Highlights Quantum Threats to Cryptography, Drift Hacked with $285 Million Stolen, etc — Donald Trump | ChamberLight
WuBlockchain Weekly: US Proposes Relaxing Rules for 401 (k) Plans to Invest in Crypto, Google Highlights Quantum Threats to Cryptography, Drift Hacked with $285 Million Stolen, etc
Donald Trump's executive orders on crypto reserves and 401(k) deregulation are being implemented and codified by federal agencies and lawmakers.
The US Labor Department proposed rules for crypto in 401(k) plans, while Senators Cassidy and Lummis introduced legislation for Bitcoin reserves. Additionally, Alabama recognized DAOs and the Drift Protocol suffered a $285 million hack.
