DOL trying to gatekeep which crypto can enter 401(k)s is peak regulatory overreach.
The game isn't about "big = safe" or "small = sketchy." It's about fiduciary duty. Let plan managers apply the same prudence test to $BTC as they would to any other asset.
Regulators shouldn't be picking winners. They should set standards and get out of the way. If an asset passes risk assessment, liquidity checks, and custody requirements — it qualifies. Period.
This proposal is just legacy finance trying to control the on-ramp to retirement capital flowing into crypto. Don't let them.
The game isn't about "big = safe" or "small = sketchy." It's about fiduciary duty. Let plan managers apply the same prudence test to $BTC as they would to any other asset.
Regulators shouldn't be picking winners. They should set standards and get out of the way. If an asset passes risk assessment, liquidity checks, and custody requirements — it qualifies. Period.
This proposal is just legacy finance trying to control the on-ramp to retirement capital flowing into crypto. Don't let them.