News Formal

New legislation aims to expand 401(k) investment options to include crypto

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

With the legislative calendar ticking down and the Department of Labor overtly opposed, the new bill faces long odds.

With the legislative calendar ticking down and two sponsors leaving Congress, the new bill faces long odds of becoming law.

The Retirement Savings Modernization Act would also allow fiduciaries to recommend cryptocurrencies, or other traditional finance investments, like into hedge funds or private equity, without legal liability.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

401k will all burn long before the USA actually pulls its finger out its ass and sets legislation for crypto.

JohnEDeaton1 Question is if there will be any 401 (k) left

Thiis iis unbeliievable game changer

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 464. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Circle CEO says blockchain industry is transitioning from dial-up to broadband phaseCircle CEO Jeremy Allaire thinks that we are entering a new era of crypto mass adoption. whyy noone share tthis ttrick I’m not sure about USDC but Tether will stay for sure. We are ready! Investing now in projects like Ethereum but also smth like Inery will boost mass adoption! $INR launched today and its ripping like a dolphin :O
Källa: Cointelegraph - 🏆 562. / 51 Läs mer »