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Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s -Breaking

May 5, 2022May 5, 2022 by Mike Robinson

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Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s

Senator Warren requests Fidelity address risks associated with Bitcoin being included in 401(k).

The United States Government is becoming increasingly worried about (BTC) in retirement savings, with two senators flagging some issues in Fidelity Investments’ plans to include Bitcoin (BTC) in 401(k) accounts.

Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota expressed concerns over Fidelity’s decision to add BTC to its 401(k) investment plan in a letter to Fidelity CEO Abigail Johnson.