CryptoBearishNewsBTC · 4h ago7/10
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Crypto In 401(k)s: Senators Sanders, Warren Letter Warns $14 Trillion At Risk From DOL Proposal
Democratic lawmakers including Senators Bernie Sanders and Elizabeth Warren are opposing a Department of Labor proposal that would allow cryptocurrency allocations in 401(k) retirement accounts, arguing it would expose $14.2 trillion in savings to unacceptable risks including extreme volatility, fraud, and higher fees. The Trump administration is defending the proposal as expanding investment choice, creating a regulatory conflict that may face legal challenges.
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