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 | Jun.26 Daily Market Wrap | Jun.26
Daily Market Wrap | Jun.17 Daily Market Wrap | Jun.17
Daily Market Wrap | Jun.12 Daily Market Wrap | Jun.12
Daily Market Wrap | Jun.11 Daily Market Wrap | Jun.11
Daily Market Wrap | Jun.09 Daily Market Wrap | Jun.09
Latest News More More
2 Days Ago Daily Market Wrap | Jun.25
3 Days Ago Daily Market Wrap | Jun.24
4 Days Ago Daily Market Wrap | Jun.23
5 Days Ago Daily Market Wrap | Jun.22
June 19 Daily Market Wrap | Jun.19
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open