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NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts
25.11.2022
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like cryptocurrencies,”...
US Treasury Secretary Yellen Warns Crypto Is ‘Very Risky’ — Unsuitable for Most Retirement Savers
12.6.2022
U.S. Treasury Secretary Janet Yellen warns crypto is a “very risky investment,” adding that she would not recommend it to most people who are saving for retirement. However, Yellen noted that Congress could restrict the type of investments allowed in retirement accounts, including...
Law Decoded: Crypto retirement plans get hot with Warren and Lummis making their moves, May 2–9, 2022
9.5.2022
Last week was marked by reinvigorated discussion on crypto 401(k) among high-profile US policymakers
Survey: More than a quarter of U.S. millennials plan to use crypto to fund retirement
5.4.2022
The percentage was marginally higher than those who said they would rather use savings and stocks to meet the same ends
Senator Cynthia Lummis backs crypto for US retirement plans
30.6.2021
Senator Cynthia Lummis wants to see crypto-assets become a normal part of the diversified asset allocations in U.S. citizens’ retirement plans
Crypto Retirement: US Investment Firm Launches Employer-Sponsored Bitcoin 401(k) Plan
23.11.2020
The U.S.-based company Digital Asset Investment Management (Daim) has announced the launch of a company-sponsored 401(k) retirement plan that allocates up to 10% in bitcoin. The plan is an ERISA compliant employer-sponsored 401(k) and assets are held in institutional-grade cold storage...
Bitcoin IRA Is Letting Customers Lend Out Their Crypto Retirement Funds
22.10.2019
The digital asset IRA company will offer interest on cryptocurrency and cash holdings that customers want to lend out
All-Crypto Retirement Accounts Will Be Fined: Australian Tax Office
16.8.2019
Investors who hold 90 percent of their retirement savings in cryptocurrencies may face penalties of up to 4,200 AUD
Bitcoin IRA Launches Crypto Retirement Accounts By Partnering With BitGo
25.6.2019
Bitcoin IRA, an organization that has more expertise in offering crypto for IRAs (individual retirement accounts), has cracked an association with BitGo Trust, which will provide customers with the flexibility to insure their accounts by BitGo. Bitcoin IRA started offering retirement accounts...