US Treasury Secretary Janet Yellen criticised the initiative to integrate the first cryptocurrency into retirement savings account packages 401(k). Bloomberg reports.
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“This is not something I would recommend to most people who are saving for retirement. For me, this is a very risky investment,” said the head of the agency.
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In her view, Congress could regulate the types of assets eligible for inclusion in retirement plans:
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“I’m not saying I would recommend [such an approach], but, in my view, this would be prudent.”
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Earlier Fidelity Investments announced a service offering clients the ability аккумулирования биткоинов на накопительных пенсионных счетах 401(k).
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It later emerged that the company's plans обеспокоили the U.S. Department of Labor, as well as Senators Elizabeth Warren and Tina Smith.
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In May, their Republican colleague Tommy Tuberville introduced a bill, allowing citizens to accumulate cryptocurrency on a 401(k), and prohibiting authorities from restricting the types of investments for such packages.
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In June, the 401(k) provider ForUsAll filed suit against the U.S. Department of Labor to overturn the department’s order enforcing cryptocurrency investment requirements.
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