Crypto Remains Massive Compliance Risk for Retirement Fiduciaries
Last week, Binance, a crypto exchange, was hit with a record-breaking Treasury settlement.
Tag: digital assets
SEC Wants Enhanced Protections on Crypto, Other Adviser-Managed Investments
The proposed changes would amend a custodial rule requiring cryptocurrency exchanges to be run by qualified custodians.
U.S. Regulator Urges Congress to Act Fast on Crypto Regulation
CFTC Chairman says digital asset marketplaces should be regulated with tactics such as needing to register with federal overseers.
Bitwage Partners with ForUsAll to Introduce Crypto in 401(k) Plans
The platform will allow participants to invest up to 5% of their portfolio into cryptocurrency.
Senators Raise Concerns About Bitcoin in Retirement Plans
Several U.S. Senators have sent a letter requesting answers from Fidelity on their decision to allow plan sponsors to offer...
Crypto Investing and Financial Literacy Across Generations
While most people in each generation still expect to rely on traditional income sources such as 401(k)s and Social Security...
Publisher’s Note
What’s Good for Them
If clients ask to add digital investments to their plan, the adviser needs to stress prudence.
Nearly 60% of Investors Surveyed Want Digital Assets in Retirement Plans
However, the survey found almost two-thirds of advisers wouldn’t recommend retirement investors allocate funds to any digital asset.