US Labor Department Rescinds Biden Administration Cryptocurrency Policies

US Labor Department Rescinds Biden Administration Cryptocurrency Policies

The change will make it easier for retirement benefit programs to invest in cryptocurrency The US Labor Department has formally revoked a policy of the Biden administration that dissuaded investing cryptocurrency in retirement plans like 401(k)s. The action, which was announced yesterday, reverses 2022 guidance that advised plan sponsors to be extremely cautious with digital

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