U.S. Treasury Secretary Warns of Having Crypto In Retirement Plans

U.S. Treasury Secretary Janet Yellen warns of having crypto In retirement plans. A large number of financial companies including giants like Fidelity have been working to offer crypto exposure in the 401 (k) retirement plans. Janet Yellen has issued a strong warning on this matter and has asked Congress to intervene. She said that cryptos become a very risky choice as part of the retirement plans for average savers. “It’s not something that I would recommend to most people who are saving for their retirement. To me it’s very risky investment.”
Source

Policy and Regulation

Related News
Daily Market Wrap | Apr. 28 Daily Market Wrap | Apr. 28
Daily Market Wrap | Apr. 27 Daily Market Wrap | Apr. 27
Daily Market Wrap | Apr. 23 Daily Market Wrap | Apr. 23
Daily Market Wrap | Apr. 22 Daily Market Wrap | Apr. 22
Daily Market Wrap | Apr. 17 Daily Market Wrap | Apr. 17
Latest News More More
1 Day Ago Daily Market Wrap | Apr. 30
2 Days Ago Daily Market Wrap | Apr. 29
April 24 Daily Market Wrap | Apr. 24
April 21 Daily Market Wrap | Apr. 21
April 20 Daily Market Wrap | Apr. 20
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open