A new U.S. Labor Department rule could allow 401(k) retirement plans to include alternative investments such as cryptocurrencies, real estate and private market assets, potentially opening the door for assets like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH)
“Level The Playing Field”
In a FOX Business interview on Tuesday, BlackRock Global Head of Retirement Solutions Nick Nefouse said the change is designed to “level the playing field,” giving more Americans access to a wider range of investments typically available in defined benefit plans.
He noted …