United States Department of Labor Urges ‘Extreme Care’ Before Adding Crypto to 401( k) Plans

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The Labor Department stated crypto presents “significant risks and challenges to participants’ retirement accounts, including significant risks of fraud, theft and loss.” It highlighted as factors speculation and volatility, challenges to making educated financial investment options, record-keeping and custodial issues, the absence of dependability of cryptocurrency appraisals and a progressing regulative environment.


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