Advisers caught between Fidelity, DOL on using crypto in 401(k)s
Fidelity wants to make it easier to allocate 401(k) assets into Bitcoin, while the Department of Labor is warning plan fiduciaries to be extremely careful about using crypto.
Retirement plan fiduciaries and financial advisers who work with them are caught between two powerful forces — Fidelity Investments and the federal government — as they consider using cryptocurrency investments in retirement accounts.
Fidelity announced last month that it will soon launch a p
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