Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans – Featured Bitcoin News

Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans

We write to inquire about the appropriateness of your company’s decision to add bitcoin to its 401 investment plan menu and the actions you will take to address ‘the significant risks of fraud, theft and loss’ posed by these assets.the Department of Labor expressing “serious concerns” about cryptocurrency investment options in 401 plans, citing “significant risks of fraud, theft and loss” posed by crypto assets.

The letter references Fidelity’s announcement in 2017 that it had been mining cryptocurrency. Since then, the financial services firm has ramped up its crypto offerings, including offering its own crypto fund for wealthy customers.

Good lord, they are probably only going to make it 1-5% of portfolio.

Has she seen the drop in the tech stocks lately? She is not send demanding letters to SEC or fed? For historical crashes ElizabethWarren

If government is trying to control something .That means its good for citizens but they want to control it , in the name of law.. So that people may live like slaves instead of becoming rich. People lets make these govt know that THEY CANT STOP CRYPTO 🤡

Ending banker occupation might need some risktaking.

Hey SenWarren we can invest in whatever the fuck we want to invest in. Why don’t you go do some corrupt stuff somewhere and let us do what we want? Thanks 🖕🏻

These are people who want to keep hard working people to stay poor. Asset like Bitcoin change many lives over 13 years

Funny she mentioned 'retirement savings' :)) Money that people think they hold , gambled by other people who think they're clever .

Fidelity isn't taking risks with Americans retirement savings, Americans are taking risks. They are adults and it's called freedom. Keeping pace with the dollar printing machine is a family fiscal responsibility. I'll hold my Bitcoin thanks.

Hocapontas

Having Fiat and saving with interest rates of around 1.5% is risky too. Diversify your portfolio with alternative assets... Cryptos in this respect offer a decent spread..stop spreading nonsense and attempting to confuse the masses(so you can line your own hypocritical pockets).

RyoshisGuard Ryoshis_Vision RapzkallionBoii Guard week is coming... Guard the Vision

Why is the US politics jam packed with these old people that have no clue but are determining the future of the younger ones? 🤦‍♂️

Fud

She just dont understand about what she talking

Sen Warren needs to get her world view straight with respect to Bitcoin. She is 100% right with respect to crypto. The problem is that she equates Bitcoin with stinky coins. Buy ONLY Bitcoin

Fidelity is buying the dip guaranteed. 🤡show

They don't care what the people want

Ini perempuan yang anti crypto

Be quiet late adopter who don’t know what you’re talking about👉🍿🍿🍿

Crazy muppet

You mean like my 401k. That has gone down ever since this President has taken over and killed this country in just 15 months

apparently my body my choice she says but not your money your choice. Your Money her choice.

Out with the old, in with the new

Bitcoin is worse casino is better than it

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Oh because u just debased the dollar but thats not putting retirment in danger ...

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She remembers the S&L theft!

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I bet she hasn’t researched a damn thing about bitcoin.

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Lol and stocks are better? Lmao

Thank you for being so much 'concerned' about ordinary people.

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