Regulators Unhappy With Bitcoin in Retirement Plans | Chief Investment Officer
This comes after Fidelity Retirement announced it would offer bitcoin as an investment for its 401(k) plans.
Source: ai-cio.com
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This comes after Fidelity Retirement announced it would offer bitcoin as an investment for its 401(k) plans.
The acting assistant secretary for the Employee Benefits Security Administration has ‘grave concerns’ about Fidelity’s bitcoin 401(k) offering.
Fidelity Investments has made the cryptocurrency available to investors and the Labor Department is concerned about the risk.
You know, just to make sure the brokerage giant really hears it this time.
It is also the first major 401(k) provider to offer cryptocurrency as an investment for retirement savers.