Labor Dept. backs off crypto warning, restores neutral stance on 401(k)s 

labor-dept.-backs-off-crypto-warning,-restores-neutral-stance-on-401(k)s 
Labor Dept. backs off crypto warning, restores neutral stance on 401(k)s 

The U.S. Department of Labor on Wednesday rescinded its 2022 directive that had discouraged retirement plan fiduciaries from offering cryptocurrency as an investment option in 401(k) plans. The department is calling the earlier guidance a deviation from established legal standards…

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