US SEC Chair: The time is right to allow cryptocurrencies into 401(k) retirement accounts

PANews January 30 News, according to Cryptopolitan, SEC Chairman Paul Atkins stated that the time has now come to allow cryptocurrencies to enter 401(k) retirement accounts through a cautious and secure approach managed by professionals. Atkins pointed out that many people have already been exposed to such assets through their managed pension funds, so the goal is to cautiously enable 401(k) plans to offer similar channels under professional management and retirement protection measures. This statement is a response to critics such as Democratic Senator Elizabeth Warren, who warned that the volatility and opacity of cryptocurrencies could threaten the retirement security of millions of Americans.