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NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts

Bitcoin News LogoBitcoin News1w ago

NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts - Bitcoin News

Quick Summary:

New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts.“Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like cryptocurrencies,” she stressed.

James also wants lawmakers to reject two bills that would allow crypto investments in retirement accounts.

Investing Americans’ hard-earned retirement funds in crashing cryptocurrencies could wipe away a lifetime’s worth of hard work.“Over and over again, we have seen the dangers and pitfalls of cryptocurrencies and the wild swings in these funds.


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Article Details

Author / Journalist: Kevin Helms

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-25 @ 03:30:13 (1 weeks ago)

News Timezone: GMT +8:00

Ranking: #893 (out of 2217 stories this day)

News Source URL: news.bitcoin.com

Language: English

Article Length: 507 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 1922520

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About Bitcoin News

Bitcoin News Logo

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 16 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 8 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #62

Publisher Details

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The story "NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts" was covered 1 weeks ago by Bitcoin News, a news publisher based in Japan.

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Bitcoin News is a fully independent (privately-owned) news outlet established in 2008 that covers mostly crypto news.

The outlet is headquartered in Japan and publishes an average of 16 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #1922520
  • URL: https://beamstart.com/news/ny-attorney-general-urges-congress-16693492647898

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