Labor Department sends final 401(k) crypto safe harbor rule to White House

The U.S. Labor Department has sent its final fiduciary safe harbor rule covering crypto and other alternative assets in 401(k) plans to the White House regulatory office, which logged the version on Nov. 5. The review is a required step before the rule can be published. A finalized safe harbor could shape whether retirement plans may include crypto exposure, a potential channel for institutional demand, but the direction of the final text is not yet known.