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Fidelity’s Bitcoin 401(k) Offering Risks Retirement Security of Americans, Says Labor Department Official
30.4.2022
The U.S. Labor Department has “grave concerns” about Fidelity Investments allowing investors to put bitcoin into their 401(k) accounts for retirement savings. An official of the Labor Department said it risks the retirement security of Americans, stressing that...
US Labor Department on Bitcoin Pensions, Coinbase Intelligence & NFTs + More News
29.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: US Labor Department on Bitcoin Pensions, Coinbase Intelligence & NFTs + More News
US Labor Department Has ‘Grave Concerns’ About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans, Wall Street Journal Reports
29.4.2022
The Labor Department is scheduled to meet with Fidelity to express concerns
Fidelity’s New 401(k) Product Lets Workers Add Up to 20% in Bitcoin to Their Retirement Plans
26.4.2022
The multinational financial services corporation based in Boston, Fidelity Investments, has revealed the firm is allowing people to add bitcoin into their 401(k) plan as long as the employer allows it. According to Fidelity’s head of workplace retirement offerings, the company has seen...
Gamers vs. NFTs, Delayed Bitcoin & Ethereum ETFs, Ukrainian Refugee Crypto Card + More News
26.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Gamers vs. NFTs, Delayed Bitcoin & Ethereum ETFs, Ukrainian Refugee Crypto Card + More News
MicroStrategy to Offer Workers Bitcoin Options in 401(k) Accounts via Fidelity
26.4.2022
CEO Michael Saylor’s tweet comes the same day Fidelity said it will begin offering bitcoin investments in its 401(k) accounts later this year
Fidelity to reportedly allow 401(k) retirement savings accounts to invest in Bitcoin
26.4.2022
If approved, retirement savers can allocate 20% of their savings portfolio to Bitcoin without the need to open a crypto exchange account
Fidelity Pension Plan Will Allow Employees to Invest in Bitcoin
26.4.2022
Fidelity Investments, the United States’ biggest provider of 401(k) pension plans, will let participants choose to keep money in bitcoin (BTC), but only if their employers let them.
401(k) plans are employer-sponsored defined-contribution pension accounts, and Fidelity, per 2020 figures...
Fidelity Investments Will Offer Bitcoin Inclusion in Its 401(k) Accounts: Reports
26.4.2022
Investors can use part of their savings to invest in the world’s largest cryptocurrency if their employers allow it
Fidelity Launches Multi-Level Learning Center in Metaverse
23.4.2022
Fidelity Investments, a major financial services firm with $11.3 trillion in assets under administration, has entered the metaverse with the opening of an eight-story learning center and the launch of a metaverse exchange-traded fund (ETF). The Fidelity Stack features “a multi-level design...
Fidelity Investments Launches Crypto, Metaverse ETFs — Says ‘We Continue to See Demand’
18.4.2022
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. “We continue to see demand, particularly from young investors, for access to...
ECB to Cease Bond Purchases in Q3, Lagarde Says EU’s Economic Rebound ‘Crucially Depends on How the Conflict Evolves’
14.4.2022
After the inflation rate in the eurozone reached a high of 7.5% in March, the European Central Bank (ECB) and the bank’s president Christine Lagarde explained on Thursday the central bank’s bond purchases will cease in Q3. Reiterating what she said at a press conference in Cyprus...
Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round
13.4.2022
Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm. Blackrock, Fidelity, Marshall Wace, Fin Capital to Invest in Circle...
Robinhood Domesticates Shiba Inu, Changes for Celsius Users in US + More News
12.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Robinhood Domesticates Shiba Inu, Changes for Celsius Users in US + More News
Fidelity to Offer Exposure to Metaverse, Digital Payments With New ETFs
12.4.2022
Trading in the two funds is likely to start around April 21, Fidelity said. Both will be passively managed
Report: Four Nigerian Lenders Penalized for Failing to Block Crypto Transactions
7.4.2022
The Nigerian central bank recently fined four financial institutions it accuses of failing to stop clients from using their respective platforms to conduct cryptocurrency transactions. According to one of the affected institutions, the central bank is using a certain “advanced...
Hack VC Launches $200 Million Crypto Seed Fund
28.2.2022
Hack VC, a crypto investment firm, has launched a new $200 million crypto-based seed fund. The venture capital company, which is behind the hack.summit() event, one of the biggest blockchain programming events in the world, aims to invest in early stage Web3-based teams. The idea behind this fund...
Fidelity analyst: Bitcoin price up-down debate 'mostly noise,' watch network's Apple-esque growth
18.2.2022
The number of users on the Bitcoin network keeps growing higher, serving as reminiscent of tech giant Apple's growth to date
Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’
17.2.2022
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with...
Fidelity International launches Bitcoin ETP on Deutsche Boerse
16.2.2022
The financial services company reportedly said it planned to have the same Bitcoin ETP listed on the SIX Swiss Exchange in the coming weeks