At the beginning of August 2023, the global crypto assets market ushered in a series of significant changes. Among them, a decision by former U.S. President Trump attracted widespread attention. He signed an executive order allowing 401(k) retirement accounts to invest in digital assets, marking the first formal acceptance of crypto assets by the mainstream financial system in the United States.

The impact of this initiative should not be underestimated. 401(k), as the primary personal retirement system in the United States, has a total scale of up to $12.5 trillion. Even if only 1% of the funds flow into the crypto market, it will have a huge impact on the industry. It is worth noting that this executive order not only covers cryptocurrencies such as Bitcoin and Ethereum but also includes other alternative assets such as real estate and private equity.

This move is seen as one of the signals that the Crypto Assets market may be entering a 'new era'. It not only reflects a change in regulatory attitudes but also suggests that broader policy support may be on the horizon. This decision, along with other positive news globally in recent times, is reshaping the future landscape of Crypto Assets.

However, we should also view this change rationally. While this is undoubtedly an important step towards the mainstream for Crypto Assets, market participants still need to act cautiously and closely follow subsequent policy formulation and market reactions.

Overall, Trump's decision has injected new vitality into the Crypto Assets market and provided new possibilities for the development of Web3. It symbolizes that digital assets are gradually gaining recognition from the traditional financial system, which may trigger more institutional investors' attention and participation.