CRYPTOCURRENCIES such as Bitcoin and other digital assets such as non-fungible tokens pose risks to US pension investors, the Biden administration has warned.
, and financial loss. Ali Khawar, acting assistant secretary at the Employee Benefits Security Administration said the administration had “serious concerns” about the possibility of investors suffering financial loss.He said: “At this early stage in the history of cryptocurrencies ... the US Department of Labor has serious concerns about plans’ decisions to expose participants to direct investments in cryptocurrencies or related products, such as NFTs, coins and crypto assets.
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