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Over a quarter of Brits said they’d add crypto to their retirement portfolios, while 23% would even withdraw existing pension funds to invest in the space. Around a quarter of British adults say they’re open to crypto forming part of their retirement plan, suggesting that crypto could claim a larger share of the UK’s multitrillion-dollar…
US investors can now include Bitcoin in their 401(k) plans, but some observers are concerned about the risks they pose to their retirement. US President Donald Trump signed an executive order on Aug. 7, allowing crypto in 401(k) retirement plans. The crypto industry has called the move a win for adoption, but investment professionals warn…
Letitia James has rallied Congress to support stopping US retirement funds from investing in crypto or crypto ETFs, which she claimed have “no intrinsic value.” New York Attorney General Letitia James has sent a letter to US congressional leaders urging “common sense” federal crypto regulations and to keep digital assets out of US pensions. “I…
” Bitcoin retirement plans elicit caution from regulators “ Even as the crypto market continues to forge an impressive recovery from the 2022 bear market, the industry continues to attract the wrath of regulators worldwide, especially in the United States. Three U.S. financial watchdogs recently issued stern warnings to individuals looking to invest in retirement…
” SEC to target crypto firms operating as ‘qualified custodians’ — Report “ The United States Securities and Exchange Commission (SEC) is reportedly planning to propose new rule changes this week that could impact what services crypto firms can offer their clients. According to a Feb. 14 report from Bloomberg citing “people familiar with the…
“Brad Lander’s abusing taxpayer funds to butt in to the Times’ spat with its privileged journos” After nearly a year as city comptroller, Brad Lander plainly still doesn’t understand the limits — and duties — of his job. He’s now trying to use public pension funds to browbeat The New York Times into making labor-contract…
” CFTC commissioner compares crypto contagion risk to 2008 financial crisis “ Commodity Futures Trading Commission’s (CFTC) Christy Goldsmith Romero has pointed to the collapse of the Terra ecosystem and its flow-on effects as an example of how contagion risks within crypto markets are similar to those experienced by the traditional financial (TradFi) system during…
” JPMorgan’s CEO feels threatened by disruption in payment systems: Kevin O’Leary “ JPMorgan Chase’s CEO Jamie Dimon feels threatened by how the crypto space is disrupting the payment systems, stated the Shark Tank host and multi-millionaire venture capitalist Kevin O’Leary speaking at a Converge22 panel on Sept 28. O’Leary made his remarks after Dimon…
“Sinking stocks, dicey economy may hand NYC’s Eric Adams major budget crisis” Mayor Eric Adams’ $101 billion budget may be more fiscally responsible than any of his predecessor’s spending plans, but the ailing economy, and market, threaten to trigger a giant shortfall. To keep the city in the black — without raising taxes and fees…
“Slain NYPD cop’s daughter in five-year battle for mom’s pension” The daughter of a slain NYPD cop who was left to raise her younger siblings has been stuck in legal hell for five years over access to her mom’s pension — and time is running out. Genesis Villella was forced to step in as primary…