‘Groundbreaking’ Crypto Index 401(k) Opens Up $7 Trillion Market Beyond Bitcoin And Ethereum After Huge Price Crash

... [+]San Francisco-based 401 provider ForUsAll will allow employees to invest part of their 401 directly into the cryptocurrencies of the Coindesk Market Select Index —an index designed by the Digital Currency Group-owned crypto news site and currently made up of 28 different coins.

"This is a groundbreaking move to bring crypto to the people," Jodie Gunzberg, managing director of indices at Coindesk, said in an interview, adding it reflects the way investors access the stock market via the S&P 500 and Nasdaq 100 indices. The move is a huge expansion of the six cryptocurrencies—bitcoin, ethereum, solana, polkadot, cardano and the dollar-pegged stablecoin USDC—ForUsAll began offering to workers last year.

ForUsAll chief executive David Ramirez pointed to demand among younger people to invest in crypto and blockchain technology."Like many institutional investors, they believe blockchain is a potentially transformative technology," Ramirez said in a statement, adding ForUsAll has installed guardrails to limit investor's overall 401 crypto allocations.

The CMIS includes better-known cryptocurrencies such as bitcoin, ethereum and litecoin as well as the likes of AXS, the cryptocurrency of blockchain-based game Axie Infinity that

ForUsAll401k Forbes DON’T use Coinbase to off ramp to DEFI they will block / disable your account

ForUsAll401k Forbes “Your account is temporarily suspended from sending cryptocurrency off the Coinbase platform. This is to protect against loss, because after funds are sent off our platform, we have no way to reverse those transactions.”

ForUsAll401k Forbes and before the transaction completely cleared they disabled my withdraws

ForUsAll401k Forbes Coinbase blocking me from withdrawing my crypto to an external Wallet.. I don't need any help I just want people to see that Coinbase can freeze your account at any second.. I have thousands stuck . I deposited thousands just to take off the chain to send to polygon wallet

ForUsAll401k Forbes A collection of 💩🪙 just buy bitcoin folks and self custody it.

ForUsAll401k Forbes iExec is also secure and private, ensuring that user data is protected at all times. The platform uses advanced encryption algorithms to keep data secure, and all transactions are transparent and auditable. $RLC

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

‘Groundbreaking’ Crypto Index 401(k) Opens Up $7 Trillion Market Beyond Bitcoin And Ethereum After Huge Price CrashControversial plans developed over last crypto bull run to expose 401(k) retirement savings plans to the wild swings of the bitcoin price are being expanded to include a handful of smaller cryptocurrencies... Scam
แหล่ง: Forbes - 🏆 394. / 53 อ่านเพิ่มเติม »

The stock market is about to signal that the bear market is finally overThe stock market is on the verge of signaling that the bear market is finally over It feels like this is clutching at straws after watching price movement at open today 😭
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »

The Rise & Rise Of The Chinese EV Market — 17% Market Share In JanuaryAfter the December sales peak, a covid surge, the end of EV subsidies on January 1st, and the Lunar New Year celebrations (this time happening in January), one would expect a sales hangover in January,
แหล่ง: cleantechnica - 🏆 565. / 51 อ่านเพิ่มเติม »