US Senators Demand Fidelity to End Offering Bitcoin in 401 (k) Plans Citing FTX Collapse, ‘Serious Issues’ in Crypto Industry
Numerous U.S. senators called on Fidelity Investments not to allow bitcoin in 401(k), retirement plans. Fidelity CEO Abigail Johnson said that “the recent implosion at FTX, a cryptocurrency exchange has made it abundantly obvious the digital asset sector has serious problems.” Three US Senators Demand Fidelity Stop Offering Bitcoin in Retirement Plans