Fidelity Lets Customers Fund Their 401Ks with Crypto, but Not Everyone’s Happy
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Not long ago, Fidelity Investments announced that customers would be able to invest in crypto like bitcoin through their 401Ks and retirement accounts. In addition, several businesses offering 401Ks…
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“Fidelity’s engine of distribution will swell demand,” SkyBridge Founder Anthony Scaramucci said US Department of Labor said last month that 401(k) plan fiduciaries must exercise “extreme care”... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
Fidelity Investments – one of the largest investment and trading companies out there – has announced that customers can place cryptocurrencies like bitcoin into their 401Ks and retirement funds.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
The potential integration of Bitcoin (BTC), the world’s largest cryptocurrency, into the United States 401(k) retirement plans could open the door to a $12 trillion investment pool, marking a significant shift in mainstream adoption. With millions of Americans contributing to this plan every two weeks, even a small allocation to…