US lawmakers push back on Labor Department plans to include crypto in 401(k)s
CoinTelegraph·
60-second summary
US lawmakers are pushing back on the Labor Department's plans to include crypto in 401(k)s, citing concerns over the volatility of digital assets and a "lack of regulation and safeguards" that could put Americans' retirement savings at risk, with three members of Congress voicing their opposition to the proposal, potentially delaying the integration of crypto into retirement portfolios nationwide.
The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk.