
🗳️In the US, new rules have been proposed for #crypto investments in retirement plans, alongside initiatives to grow domestic mining and reduce reliance on Chinese equipment. ◽️The 401(k) rules aim to maintain neutrality when selecting priority investment instruments. Responsibility would shift to plan managers and focus on the quality of the instruments’ evaluation rather than their final returns. Fiduciaries would have more freedom, provided they conduct a thorough analysis of fees, liquidity, and potential risks. ◽️Senators @SenBillCassidy and @SenLummis introduced the Mined in America Act, which proposes reforms to the US mining industry, the creation of a strategic #Bitcoin reserve, and the localization of equipment production. The plan also includes government funding, tax incentives, and a voluntary certification system to support the sector.
