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via Decrypt · By Decrypt Editorial

Bernie Sanders, Elizabeth Warren Urge Labor Department to Drop Bitcoin, Crypto 401K Plan

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Decrypt Editorial
(08:00 PM UTC)
1 min read
DK
Approved byDavid Kim

In brief

  • Bernie Sanders and Elizabeth Warren urged the Labor Department to drop a proposal to make it easier to offer crypto and other alternative assets in 401(k) plans.
  • They argued the rule weakens fiduciary standards and could expose retirees to greater risk.
  • The lawmakers also said the policy could enrich President Donald Trump and his family by expanding access to crypto products tied to…

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