According to CoinDesk, US lawmakers are pressing the SEC to implement an executive order from August 7 that would permit 401(k) retirement funds to allocate to Bitcoin and other cryptocurrencies. Lawmakers emphasize the need for clear regulatory guidance on custody, valuation and fiduciary responsibilities before plan administrators can prudently integrate digital assets into defined-contribution portfolios. Market participants and plan sponsors are anticipating SEC rulemaking that clarifies disclosure obligations and compliance frameworks to ensure alignment with ERISA standards. This request marks a methodical push toward enabling institutional retirement exposure to digital asset classes within established regulatory parameters.