U.S. Congress Calls on SEC: It's Time to Allow Bitcoin into 401(k) Retirement Accounts

【Block Motion】December 12th is worth discussing. The US Congress has taken new action—The House Financial Services Committee directly wrote a letter to SEC Chair Paul Atkins, with a core request: to allow digital assets like Bitcoin to be included in 401(k) retirement accounts.

Their logic is quite straightforward. Current securities regulations are outdated, excluding cryptocurrencies, while stocks, bonds, REITs, and other alternative investments have long been eligible for retirement accounts. Why shouldn’t digital assets be allowed? The committee members believe that millions of Americans saving for retirement should have more options, and shouldn’t be constrained by old rules.

The letter also mentions another point—the standards for “qualified investors” should be revised. The current thresholds are too strict, preventing many from accessing private markets and alternative investments. Their point is, since digital asset investments are to be opened up, the entire access mechanism should be streamlined, so rules don’t become a barrier.

In plain terms, this move signals that Washington’s attitude toward cryptocurrencies is softening. 401(k) is the backbone of American retirement savings. If approved, it would mean Bitcoin and similar assets could shift from fringe assets to mainstream investment options. Of course, whether the SEC will buy into this depends on how Atkins responds.