Posts
avatar

🗳️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.

This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.

avatarPost your reply

Comment