The U.S. House Financial Services Committee has urged the Securities and Exchange Commission to modernize investment rules governing 401(k) retirement plans, arguing that current regulations do not reflect the rapid growth of digital assets. Lawmakers believe plan sponsors should have clearer guidance on whether assets like Bitcoin can be responsibly included in retirement portfolios, provided fiduciary standards and risk disclosures are properly addressed.

The request also encourages coordination between the SEC and the Department of Labor to clarify how fiduciary duties apply when offering crypto exposure inside retirement accounts. Supporters say updating these frameworks would expand investor choice while maintaining safeguards, whereas critics remain cautious about volatility risks. The next step could involve formal regulatory guidance or a structured rulemaking process to redefine permissible assets in long-term savings plans.

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