U.S. Senator Elizabeth Warren (D-Mass.) joined the Labor Department successful expressing concerns astir Fidelity Investment's plan to connection bitcoin successful its 401(k) status plans.
Echoing the the Labor Department's concerns astir bitcoin's volatility, the 2 described investing successful crypto arsenic "a risky and speculative gamble."
"We are acrophobic that Fidelity would instrumentality these risks with millions of Americans' status savings," they said.
They asked Fidelity to accidental however it assesses risks of volatility, fraud, theft and the evolving regulatory situation and however it plans to code them.
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