New US Rule May Allow Crypto in Retirement Portfolios

The change aims to 'level the playing field' and give more Americans access to a wider range of investments.

Apr. 1, 2026 at 3:37pm

Got story updates? Submit your updates here. ›

A new U.S. rule may allow cryptocurrencies to be included in retirement portfolios, such as 401(k) plans. The change is designed to give more Americans access to a wider range of investments typically available in defined benefit plans. However, some, like Senator Elizabeth Warren, have raised concerns about the volatility and lack of transparency in the crypto market.

Why it matters

This rule change could have significant implications for how Americans save and invest for retirement. Allowing crypto in 401(k) plans could provide more investment options and potential growth, but also introduces new risks that some lawmakers are wary of.

The details

BlackRock Global Head of Retirement Solutions Nick Nefouse said the change is meant to 'level the playing field,' giving private-sector workers access to a broader range of investments that public-sector workers already enjoy. Supporters argue 401(k) plans, which are long-term investments, should not be overly restricted and could benefit from diversified or higher-growth assets like cryptocurrencies. However, Senator Elizabeth Warren warned against including crypto in retirement accounts, citing volatility and limited transparency.

  • The new U.S. rule was announced in April 2026.

The players

Nick Nefouse

BlackRock Global Head of Retirement Solutions.

Elizabeth Warren

U.S. Senator from Massachusetts who expressed concerns about allowing cryptocurrencies in retirement portfolios.

Got photos? Submit your photos here. ›

What they’re saying

“For most Americans, their 401(k) represents a lifeline to retirement security rather than a playground for financial risk. Allowing crypto into American retirement accounts creates fertile ground for workers and families to lose big.”

— Elizabeth Warren, U.S. Senator

“The change is designed to 'level the playing field,' giving more Americans access to a wider range of investments typically available in defined benefit plans.”

— Nick Nefouse, BlackRock Global Head of Retirement Solutions

What’s next

The new rule allowing cryptocurrencies in retirement portfolios is set to take effect in the coming months, though some lawmakers may seek to block or modify the change.

The takeaway

This rule change highlights the ongoing debate over the role of cryptocurrencies in the financial system, particularly when it comes to long-term investments like retirement accounts. While it could provide more investment options, the risks involved have raised concerns among some policymakers.