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3232US Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Plans Citing FTX Collapse, ‘Serious Problems’ in Crypto Industry
https://www.digit.info/us-senators-urge-fidelity-to-stop-offering-bitcoin-in-401k-plans-citing-ftx-collapse-serious-problems-in-crypto-industry/
Wed, 23 Nov 2022 00:30:51 +0000https://www.digit.info/2022/11/23/us-senators-urge-fidelity-to-stop-offering-bitcoin-in-401k-plans-citing-ftx-collapse-serious-problems-in-crypto-industry/Read more]]>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 digital asset industry has serious problems,” the lawmakers told Fidelity CEO Abigail Johnson. US Senators Want Fidelity to Stop Offering Bitcoin in Retirement Plans Three […]
]]>Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official
https://www.digit.info/fidelitys-bitcoin-401k-offering-risks-retirement-security-of-americans-says-labor-department-official/
Sat, 30 Apr 2022 11:30:09 +0000https://www.digit.info/2022/04/30/fidelitys-bitcoin-401k-offering-risks-retirement-security-of-americans-says-labor-department-official/Read more]]>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 risks the retirement security of Americans, stressing that “cryptocurrencies can present serious risks to retirement savings.” U.S. Labor Department’s ‘Grave Concerns’ Over Fidelity’s 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 digital asset industry has serious problems,” the lawmakers told Fidelity CEO Abigail Johnson. US Senators Want Fidelity to Stop Offering Bitcoin in Retirement Plans Three […]
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 risks the retirement security of Americans, stressing that “cryptocurrencies can present serious risks to retirement savings.” U.S. Labor Department’s ‘Grave Concerns’ Over Fidelity’s Bitcoin 401(k) […]