Web: https://www.protocol.com/elizabeth-warren-thinks-putting-your-retirement-in-crypto-is-a-bad-bet

May 5, 2022, 11:44 p.m. | Veronica Irwin

Protocol — Workplace protocol.com



Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota wrote an open letter to Fidelity Wednesday questioning why the firm was permitting customers to put bitcoin in their 401(k)s. Fidelity announced last week that it would allow people to devote as much as 20% of their retirement plan to bitcoin towards the end of the year.

“Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned that Fidelity would take these risks with millions of Americans’ …

bitcoin crypto elizabeth elizabeth warren retirement senate

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