Lawmakers in the United States Drafts Legislation to include cryptocurrency and Bitcoin in 401(k) Plans

According to a Congressional filing, three Republican members of Congress introduced the Retirement Savings Modernization Act, which would allow investment managers to include cryptocurrency and Bitcoin in their 401(k) plans. The proposed legislation alters the Employee Retirement Income Security Act of 1974 to add classes to the sorts of assets that fiduciaries may provide. A new […]