Republicans Plan to Reintroduce Legislation Restricting Crypto in 401(k): Politico

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Republicans Plan to Reintroduce Legislation Restricting Crypto in 401(k): Politico
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Members of the GOP are reportedly trying to reintroduce a legislation which would restrict employers and investment firms from offering crypto as part of 401(k) plans. By parikshitm899.

The legislation is aimed at the labor department and will be introduced in the House by Rep. Byron Donalds , the report added. U.S. lawmakers had asked investment giant Fidelity to reconsider its bitcoin-based 401 offering after the collapse of crypto exchange FTX.

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