US Bill To Let 401(k) Plans Invest In Bitcoin, Crypto – Bitcoin Magazine

  • Republican lawmakers drafted a bill that would allow investment managers to offer bitcoin in 401(k) plans.
  • The bill seeks to remove liability for a breach of fiduciary duty for providing access to bitcoins and cryptocurrencies.
  • The bill is likely to be introduced after the November 2022 midterm elections.

Three Republican members of Congress introduced a bill, called the Retirement Savings Modernization Act, designed to allow investment managers to offer bitcoin and cryptocurrencies in their 401(k) plans, according to a filing by the congress

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