US Labor Department Eyes 401(k) Crypto Access, Bitcoin Considered In New Rule

The US Labor Department published a proposed regul

US Labor Department Eyes 401(k) Crypto Access, Bitcoin Considered In New Rule

US Labor Department Eyes 401(k) Crypto Access, Bitcoin Considered In New Rule

The US Labor Department published a proposed regulation on Monday intended to give 401(k) participants access to alternative investments, including crypto assets such as Bitcoin (BTC). 

The daily chart shows BTC’s price consolidating in a tight range between $65,000 and $68,000. Source: BTCUSDT on TradingView.com

At the time of writing, Bitcoin was trading at $66,580, having failed to capitalize on moves slightly above $68,000 earlier on Monday. 

Featured image from OpenArt, chart from TradingView.com 

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