Yellen doubts cryptocurrency's place in 401(k) plan, says it should be regulated by Congress
The head of the U.S. Treasury Department does not recommend that "most people" invest their retirement funds in digital assets.

The head of the U.S. Treasury Department does not recommend that "most people" invest their retirement funds in digital assets.
A head of the Treasury would not recommend investing the retirement money into digital assets “to most people.”
On-chain data shows the crypto exchange Coinbase observed 38k BTC in outflows shortly before Bitcoin recovered back above $30k. Bitcoin ...
Cryptocurrencies may be coming to Americans’ retirement plans. Some see it as a sound financial strategy, while others remain skeptical.
United States Rep. Byron Donalds has initiated a bill to the U.S. House of Representatives seeking to incorporate Bitcoin into ...
After Bitcoin Magazine’s YouTube channel was temporarily shut down without prior warning, the host of the live stream said that mentions of “Kazakhstan” may have been flagged by the platform’s algorithm.
The bill is the Alabama senator's response to Senator Warren and the Labor Department blocking bitcoin investment in self-directed 401(k) investment plans.
If approved, retirement savers can allocate 20% of their savings portfolio to Bitcoin without the need to open a crypto exchange account.
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.
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.