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Posts tagged cryptocurrency
Is Cryptocurrency Too Risky for 401(k) Plans? The Controversy Continues

Several new developments mean that the debate over whether cryptocurrency belongs in retirement plans isn’t going away.

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Industry Groups Push Back-Why the DOL Should Partner with Stakeholders to Revise Its Cryptocurrency Guidance

Cryptocurrency is here to stay. There are many different types of cryptocurrency and cryptocurrency-related investments and they have different risk profiles. Regardless of whether you think cyptocurrency belongs in 401(k) plans, it is in everyone’s interest for the DOL to clarify its new guidance and for there to be an improved process for issuing further guidance. Stakeholders can help the DOL understand more about the market and how it is evolving.

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Bitcoin in Your 401(k)? DOL Cautions Fiduciaries About Cryptocurrency Risks

The Department of Labor has cautioned plan fiduciaries to “exercise extreme care” in deciding whether to permit cryptocurrency investments.

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