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US Lawmakers Urge SEC to Allow Bitcoin in 401(k) Plans

Members of the U.S. House Financial Services Committee have sent a letter to SEC Chair Paul Atkins requesting rule changes to allow Bitcoin and other digital assets in 401(k) retirement plans, according to Wu Blockchain. The lawmakers also urged the SEC to relax the accredited investor definition and to coordinate with the Department of Labor on these issues. The letter cites President Donald Trump’s directive to expand investment options in retirement accounts, Wu Blockchain reported.
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