Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k) By Cointelegraph

Republican Senator Tommy Tuberville from Alabama has unveiled a brand new invoice he calls the Monetary Freedom Act to permit People so as to add cryptocurrency to their 401(okay) retirement financial savings plan unencumbered by regulatory steering.

The brand new invoice is Tuberville’s response to america Division of Labor’s (DOL) push to doubtlessly maintain crypto out of 401(okay) funding plans as a consequence of its perceived potential for danger to buyers. As Cointelegraph beforehand reported, the DOL mentioned staff who select to put money into crypto by way of their 401(okay) may appeal to authorized consideration.