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US Senators Urge Fidelity To Halt Bitcoin 401(k) Retirement Plans

Summary by Ground News
Fidelity Investments should reconsider letting retail clients put a portion of their savings into bitcoin, U.S. Senators say. Senators Elizabeth Warren (D-MA) and Richard Durbin have reiterated Tuesday that Fidelity should reconsider. The demise of FTX "has made it abundantly clear the digital asset industry has serious problems," the Senators wrote.
Published 3 months ago

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US Senators Urge Fidelity To Halt Bitcoin 401(k) Retirement Plans

The country's largest provider of 401(k) retirement plans had previously announced cryptocurrency investments as an option.

3 months ago·New York, United States
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Sen. Warren urges Fidelity to reconsider 401(k) bitcoin offering amid ‘chaotic’ market, FTX fallout

The Massachusetts Democrat and other lawmakers cited bitcoin's plummeting price and FTX's collapse.

3 months ago·United States
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Lawmakers urge Fidelity to reconsider offering bitcoin 401(k) plans after FTX collapse

U.S. Senators Elizabeth Warren (D-MA), Tina Smith (D-MI) and Richard Durbin (D-IL) have reiterated Tuesday that Fidelity Investments should reconsider letting retail clients put a...

3 months ago·United States
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US Senators Ask Fidelity to Reconsider Bitcoin 401(k) Offerings Following FTX Collapse

The asset management giant in April said it would offer retail investors the option to put bitcoin in their 401(k) accounts at some point this year.

3 months ago
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US Senators Urge Fidelity to Stop Offering Bitcoin in 401(k) Plans Citing FTX Collapse, 'Serious Problems' in Crypto Industry – Featured Bitcoin News

U.S. senators have strongly urged Fidelity Investments to reconsider allowing bitcoin in 401(k) retirement plans.

3 months ago
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US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up By Cointelegraph

US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up

3 months ago
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