Fidelity allowing workers to allocate their retirement funds to Bitcoin could be a watershed moment for the top cryptocurrency
The move could potentially be a watershed moment for cryptocurrency adoption in the U.S. given that Fidelity is the number one provider of pension plans in the country. The Boston-based investment giant manages the retirement savings of more than 20 million people. Dogecoin Returns to Top 10 as Twitter Accepts Elon Musk's Buyout Deal
It is worth noting that savings plans are highly regulated, which means Fidelity’s new initiative will likely attract plenty of regulatory scrutiny. Last month, the U.S. Department of Labor warned against putting crypto into people’s 401s.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) AccountsThe investment giant’s move could send cryptocurrency investing further into the mainstream if employers decide to offer the option.
Read more »
Young Motel Owner Pushes Through Pandemic, Offers Advice To Hospitality StudentsTwo thousand twenty became an incredibly difficult year for hotel and motel owners, with massive shutdowns across the country in place and no tourism to speak of.
Read more »
Fort Worth, Texas to vote on whether to become a bitcoin minerAn industry group has offered the city a donation of three bitcoin mining machines — under the condition that the city uses them.
Read more »
Twitter plans to accept Elon Musk's $43 billion buyout offerTwitter's board is reportedly planning to accept Elon Musk's $43 billion buyout offer as early as Monday of this week.
Read more »
A Florida Sheriff’s advice for homeowners dealing with burglars: Shoot them and ‘save taxpayer’s money’Santa Rosa County Sheriff Bob Johnson, in fact, reportedly took it a step further, and said it’s his preference that homeowners shoot burglars.
Read more »