The US Department of Labor has proposed a rule change seeking to expand investment options in 401(k) retirement plans, including crypto, moving the country one step closer to implementing US President Donald Trump’s executive order in August.A notice for the Labor Department’s proposal, titled “Fiduciary Duties In Selecting Designated Investment Alternatives,” appeared on the Federal Register on Monday, with a pre-publish version of the document detailing the factors that retirement managers should consider when incorporating crypto and other alternative investments into client portfolios.The draft defined digital assets as “a new form of investing that includes a wide variety of assets…

In brief The Blockchain Leadership Fund launched Monday with Anchorage Digital and Chainlink Labs as founding contributors. BLF is structured as a hybrid PAC, allowing both direct candidate contributions and independent expenditures. The new PAC enters a field already dominated by Fairshake, which has amassed $116 million for the 2026 midterms. The Blockchain Leadership Fund, a new political action committee focused on digital asset policy, launched Monday.The new PAC adds another player to a crypto lobbying landscape already flush with cash heading into the 2026 midterms.The Blockchain Leadership Fund, a hybrid PAC formed by members of The Digital Chamber, announced…

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