Search
Crypto 401(k): Sound financial planning or gambling with the future?
6.6.2022
Cryptocurrencies may be coming to Americans’ retirement plans. Some see it as a sound financial strategy, while others remain skeptical
401(k) provider ForUsAll sues US Labor Dept over anti-crypto compliance release
2.6.2022
The retirement plan fiduciary says warning about investigation of 401(k) plans that include cryptocurrency constitutes encroachment on private rights
U.S. Labor Department Sued After Warning 401(k) Providers About Allowing Crypto Investments
2.6.2022
The U.S. Department of Labor (DOL) in March issued a controversial warning to 401(k) plan fiduciaries to “exercise extreme care” before considering adding cryptocurrencies to a retirement plan’s investment menu. Today, the agency is being sued for it
US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts
7.5.2022
A U.S. senator has introduced a bill to prohibit the Labor Department from issuing a regulation or guidance that limits the type of investments investors can choose in their retirement plans, including cryptocurrency. “Today, the Biden administration is targeting cryptocurrency. Which...
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
7.5.2022
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned...
Senator's Financial Freedom Act would ensure Bitcoin can be in your 401(k)
6.5.2022
The bill is a response from the Alabama Senator to Senator Warren and the Department of Labor’s bid to block Bitcoin investments in self-directed 401(k) investment plans
Elizabeth Warren Echoes Labor Department Concerns About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans
5.5.2022
U.S. Sen. Elizabeth Warren has joined the Department of Labor in expressing concerns about Fidelity Investment's plans to offer bitcoin in its 401(k) retirement plans
Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s
5.5.2022
U.S. Senators requested Fidelity to explain how the firm is planning to address the risks of adding Bitcoin into retirement accounts by May 18
Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official
30.4.2022
The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said it risks the retirement security of Americans, stressing that...
US Labor Department Has ‘Grave Concerns’ About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans, Wall Street Journal Reports
29.4.2022
The Labor Department is scheduled to meet with Fidelity to express concerns
Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans
26.4.2022
The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen...
MicroStrategy to Offer Workers Bitcoin Options in 401(k) Accounts via Fidelity
26.4.2022
CEO Michael Saylor’s tweet comes the same day Fidelity said it will begin offering bitcoin investments in its 401(k) accounts later this year
Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin
26.4.2022
If approved, retirement savers can allocate 20% of their savings portfolio to Bitcoin without the need to open a crypto exchange account
Fidelity Investments Will Offer Bitcoin Inclusion in Its 401(k) Accounts: Reports
26.4.2022
Investors can use part of their savings to invest in the world’s largest cryptocurrency if their employers allow it
US Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401(k) Plans
10.3.2022
The Department warned that cryptocurrency investments present “significant risks and challenges to participants' retirement accounts.”
Pension provider partners with Coinbase to offer 5% exposure to crypto
15.6.2021
Pension funds are looking to crypto investments despite the recent market sell-off
Alternative 401(k) Product Offers In-Plan Cryptocurrency Investment via Coinbase Institutional
8.6.2021
On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, Forusall is working with Coinbase Institutional...
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...
First company-sponsored Bitcoin retirement plans launched in US
20.11.2020
DAiM has launched the United States’ first employer-sponsored retirement plans that support investments in Bitcoin
Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees
27.5.2020
Cryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan. In a press statement, Bitwage, which claims to have tested the product on its own employees for 10 months, said workers now have...