Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureThe US Department of Labor (DOL) has rescinded its 2022 guidance, which discouraged fiduciaries from including cryptocurrency investments…
The US Labor Department has officially rescinded guidance issued during the Biden administration that limited the inclusion of cryptocurrency in 401(k) retirement plans.On May 28, the Labor Department revoked a…
In what is a landmark development for the country, the US Labor Department has officially rescinded guidance warning against the inclusion of Bitcoin and other cryptocurrencies in 401(k) plans. Indeed,…
In brief
Under the Biden administration, the Department of Labor discouraged workplace 401(k) digital asset investing.
With Trump now in office, the Department has rescinded that guidance, calling it a Biden-era "overreach."
The…