snip: A move by Fidelity Investments to let retirement savers add Bitcoin to their 401(k)s is becoming a new flash point in the fight over crypto regulation, pitting free-market Republicans against Democrats who say it’s a threat to millions of consumers.
The Biden Labor Department, which polices employer-sponsored 401(k)s, has warned the 76-year-old asset management firm that its foray into volatile crypto markets could endanger future retirees. Sen. Elizabeth Warren of Massachusetts — where Fidelity is based — questioned the company’s CEO about exposing investors to “a risky and speculative gamble.” Democrats are raising red flags as the price of Bitcoin has tumbled more than 50 percent from its all-time high in November.
It’s hard to follow the money when it’s not money… and how do non-fungible tokens, NFTs, like malariatrump’s, figger into this?