Adam Forsyth

Pete Hegseth says Bitcoin battles China in secret

Defense Secretary Pete Hegseth told the House Armed Services Committee on April 30 that the Pentagon is running classified Bitcoin programs on two operational tracks — enabling the technology and countering it — and that those efforts provide the United States leverage against China “in a lot of different scenarios.” Summary Hegseth said “I am…

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Trump retirement order opens 401k to crypto

President Trump signed an executive order on April 30 directing the Labor Department to allow Trump retirement account access to cryptocurrency, private equity, and other alternative assets inside US 401(k) plans, targeting the roughly $12.5 trillion defined-contribution market that has been largely closed to digital assets under existing ERISA guidance. Summary The executive order instructs…

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