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Labor Department rescinds Biden-era guidance for crypto in 401(k) plans


The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans.On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries to be “extremely cautious” when...

Labor Department rescinds Biden-era guidance for crypto in 401(k) plans


The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans.On May 28, the Labor Department revoked a 2022 guidance that had urged fiduciaries to be “extremely cautious” when...

US Labor Department Rescinds Biden-Era Crypto Warning for Retirement Plans


The U.S. Department of Labor has rescinded its 2022 guidance that warned fiduciaries to exercise “extreme care” when considering cryptocurrencies for 401(k) retirement plans. Crypto Gets a Policy Boost as Labor Dept. Revokes 401(k) Warning The original release, issued under the Biden...

Ethereum co-founder responds to Sweden’s cashless-society rethink


As Sweden rethinks its push toward a cashless society, Ethereum co-founder Vitalik Buterin highlighted the fragility of centralized digital payments and the opportunity presented for decentralized payment alternatives. In recent years, Sweden has led the charge toward a cashless future, with...

Nvidia plans to make cheaper AI chips for China: Report


Nvidia will reportedly launch a new lower-cost artificial intelligence chip specifically for China, following restrictions on exporting its more expensive model.Nvidia plans to start mass production of the new AI chips in June, which will be part of the firm’s latest generation of AI chips...

OpenAI plans to ship 100 million pocket-sized AI devices for everyday use


OpenAI is planning to develop AI “companion” devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones.In an interview with The Wall Street Journal, OpenAI...

OpenAI plans to ship 100 million pocket-sized AI devices for everyday use


OpenAI is planning to develop AI “companion” devices that will integrate artificial intelligence capabilities with everyday life, potentially opening the door to a new high-tech innovation used alongside laptops and smartphones.In an interview with The Wall Street Journal, OpenAI...

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