At the 2025 Coinbase State of Crypto Summit, Secretary LCD announced the withdrawal of the 2022 guidance that advised plan fiduciaries to exercise "extreme care" when including cryptocurrency in 401(k) investment options. This move signals a shift in regulatory stance, potentially opening the door for broader adoption of digital assets in retirement portfolios. The original guidance had been a point of contention, with many in the industry advocating for more flexibility in investment choices.