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Cryptocurrency in 401(k) Plans? Might be More Like "Crypto-nite," Says the DOL in Its Latest Release | Proskauer - Blockchain and the Law

Kryptonite is a fictional substance that causes the mighty Superman to lose all his strength. According to a recent release from the U.S. Department of Labor Employee Benefits Security. ....

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DOL's 5 Reasons Why Cryptocurrencies Might be Doubtful

Cryptocurrency in 401k plans may prove to be a loss for retirement security. DOL issued Compliance Assistance Release No. 2022-01 to caution plan fiduciaries to be careful before considering whether to include investment options like cryptocurrency as part of a 401k plan. ....

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