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U.S. Lawmakers Draft Bill To Allow Bitcoin, Crypto In 401(k) Plans

The bill amends ERISA of 1974 to include digital assets under “covered investments,” thereby shielding investment managers from liability.

Fidelity, Citadel Securities, Charles Schwab Launch Bitcoin, Crypto Exchange

The group of financial behemoths is launching a bitcoin and crypto exchange to be settled on-chain with the liquidity backing of legacy finance.

Fidelity To Allow Its 34 Million Individual Investors To Buy Bitcoin: Report

The pro-bitcoin financial giant is reportedly considering allowing its over 34 million individual investors to buy bitcoin through its online brokerage.

U.S. Senators Condemn Fidelity Investments’ Bitcoin 401(k) In Open Letter

Three senators chastised Fidelity for offering a bitcoin 401(k) option claiming it is too volatile and untested to be used as a retirement savings tool.

Financial Behemoths Partner For New Bitcoin, Crypto Trading Platform: Report

The new trading platform from Fidelity, Citadel Securities, Virtu Financial and Charles Schwab will enable wide access to bitcoin and other cryptocurrencies.

MicroStrategy To Allow Employees To Invest In Bitcoin As Part Of 401(k) Plan

Fidelity Investments has created a 401(k) allowing individuals to invest in bitcoin and MicroStrategy will be the first publicly traded employer to offer it.

Fidelity To Allow Bitcoin Investments In Retirement Plans

Investment giant Fidelity will reportedly enable its 23,000 business clients to offer Bitcoin accounts for their workers’ 401(k)s later this year.

Fidelity International Launches Bitcoin ETP In Europe

The bitcoin exchange-traded product lists on the Deutsche Boerse today, carrying a 0.75% fee.

Investor Focus Misdirects Fidelity ‘Bitcoin First’ Report

A recent report from financial services giant Fidelity captures Bitcoin as an asset class of its own, but fails to recognize its true potential.

Fidelity Adds Bitcoin Exposure To Traditional ETFs

The Canadian investment manager said the allocation seeks to improve the two funds’ risk-adjusted returns in the future.
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