Crypto News: U.S. Senators Condemn Fidelity Investments’ Bitcoin 401(k) In Open Letter

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Three senators chastised Fidelity for offering a bitcoin 401(k) option claiming it is too volatile and untested to be used as a retirement savings tool.U.S. Senators wrote an open letter to the CEO of Fidelity regarding its bitcoin 401(k) plan.Senators condemned the financial institution for offering bitcoin as an optional retirement investment strategy. The senators also recognize the struggles of Americans trying to save for retirement but can’t seem to understand traditional finance is the ...

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