According to Bloomberg, potential litigation risks for employers legally obligated to regulate employee 401(k) investments may hinder U.S. President Donald Trump's efforts to include more cryptocurrencies in employee retirement accounts. The U.S. Department of Labor has withdrawn guidance from the Biden administration that warned corporate retirement plans to avoid allocating digital assets. It is part of a broader policy shift by the White House to promote opening 401(k) accounts to alternative assets, including private equity, especially as Trump-backed companies increase their bitcoin investments. Currently, crypto assets account for less than 1% of the $9 trillion 401(k) market, which has traditionally been almost entirely concentrated in stocks and bonds. Note: Benefit litigation refers to legal litigation filed by employees, retirees or their representatives against employers, pension plan managers (trustees) or related institutions regarding employee benefit plans such as pensions, 401(k), and medical insurance.