Compliance
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.
Products
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.
Compliance
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 participants exposure to bitcoin.
Data & Research
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 in retirement, cryptocurrency has also made it onto the list.
Publisher’s Note
What’s Good for Them
If clients ask to add digital investments to their plan, the adviser needs to stress prudence.
Data & Research
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.