US Senator Introduces Bill Prohibiting Labor Department From Interfering With Cr

[sirty143]

US Senator Introduces Bill Prohibiting Labor Department From Interfering With Crypto in Retirement Accounts

A U.S. senator has introduced a bill to prohibit the Labor Department from issuing a regulation or guidance that limits the type of investments investors can choose in their retirement plans, including cryptocurrency. See more for yourself here.

Your opinion is greatly appreciated.

[TomPluz]

I think Senator Elizabeth Warren is against the move of retirement funds getting into cryptocurrency that is why she is questioning such a decision. And it is good to see another good senator Senator Tommy Tuberville who got a mind of his own in controlling the interference on this decision of allocating a certain percentage of retirements funds for cryptos. Managed properly, the crypto industry presents a very lucrative opportunity to many including those who are already retired. Seems to me that many Democrats are fighting against cryptocurrency while many Republicans are excited about it.

[Bobcrypto]

Crypto will overtake fiats investments in near future if the government starts investing on Bitcoin like what the news say. I think it is safe to say that we’re still in early cryptocurrency days. Despite the massive valuations of bitcoin, ethereum, and a handful of other cryptocurrencies, the data suggests that there is much more room for growth. With each passing year we are seeing new developments come out of the space and capture the minds and pocketbooks of people all over the world.