The U.S. Labor Department has warned that it has 'grave concerns' over Fidelity's plan to allow Americans saving for their retirement to invest in Bitcoin
The U.S. Labor Department has warned that it has "grave concerns" over Fidelity's plan to allow Americans saving for their retirement to invest in Bitcoin.
Fidelity's move means that 23,000 companies will now have the option to add Bitcoin to the menu of investments that their employees can invest in.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
US Labor Department Has ‘Grave Concerns’ About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans, Wall Street Journal ReportsThe U.S. Department of Labor has expressed 'Grave Concerns' about Fidelity’s plan for Bitcoin in 401(k) retirement plans, The Wall Street Journal reports. thesamreynolds reports.
Weiterlesen »
Fidelity to let 401(k) customers add bitcoin to their retirement accountsFidelity Investments customers with a 401(k) account will be able to invest a portion of their account funds in bitcoin starting later this year.
Weiterlesen »
Fidelity to offer bitcoin option in retirement plans, making it a reality for more amid warningsThe U.S. government last month warned the retirement industry to exercise “extreme care” when doing something like this.
Weiterlesen »
Labor Department fears Fidelity's plan to allow Bitcoin into 401(k) accounts is too risky for retirees“We have grave concerns with what Fidelity has done,” Ali Khawar, acting assistant secretary of the Employee Benefits Security Administration, told The Wall...
Weiterlesen »
CoinDesk Podcast Network: BREAKDOWN: Bitcoin Is Coming to Your 401(k) on Apple Podcasts“Capital keeps flowing into this industry, despite the fact that prices are going sideways or down.” NLW explores institutional investor sentiment on “The Breakdown.”
Weiterlesen »
Fidelity Allows BTC in 401k, BlackRock's Blockchain ETF, Musk's Twitter Saga: This Week's Crypto RecapIt was a big week for Bitcoin. Fidelity revealed it would allow investors to add it to their retirement 401(k) plans, BlackRock launched a Blockchain ETF, while CAR recognized BTC as legal tender.
Weiterlesen »