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US Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Plans Citing FTX Collapse, ‘Serious Problems’ in Crypto Industry

Post author:MiamiCrypto
Post published:November 23, 2022
Post category:401k bitcoin retirement plans crypto 401(k)cryptocurrency 401(k)elizabeth warren bitcoin elizabeth warren bitcoin 401(k)elizabeth warren crypto Featured fidelity fidelity bitcoin 401k fidelity bitcoin retirement plans us senators us senators bitcoin 401(k)

Several U.S. senators have called on Fidelity Investments to reconsider allowing bitcoin in 401(k) retirement plans. “The recent implosion of FTX, a cryptocurrency exchange, has made it abundantly clear the…

Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official

Post author:MiamiCrypto
Post published:April 30, 2022
Post category:401k Bitcoin Crypto Cryptocurrency fidelity fidelity bitcoin 401k Fidelity Investments Finance us department of labor us labor department

The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said it…