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US Labor Department Rule for Crypto in 401(k) Plans Reaches Final White House Review

A proposed regulation from the Department of Labor that would establish a fiduciary safe harbor for including cryptocurrency and other alternative assets in retirement plans has moved to the White House for final review.

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A proposed regulation from the Department of Labor that would establish a fiduciary safe harbor for including cryptocurrency and other alternative assets in retirement plans has moved to the White House for final review.

Bitcoin Magazine Rule to Allow Crypto in 401(k)s Arrives at White House for Final Review A final Labor Department rule that would create a fiduciary safe harbor for private equity, real estate and crypto in 401(k) menus arrived at OIRA on Thursday, putting public release within reach. Labor’s public proposal would give plan fiduciaries a process-based safe harbor for investment decisions involving crypto and other assets.

Bitcoin Magazine reported the story as "Rule to Allow Crypto in 401(k)s Arrives at White House for Final Review."

2 sources have covered this story, including Bitcoin Magazine and The Defiant. The earliest reporting in the cluster landed about 2 days ago.

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How it spread

The Defiant reported it first, Nov 6, 9:39 AM ET. 2 outlets carried it over 29m, all in the center.All in the United States.

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Time since the first report

  1. FirstThe DefiantNov 6, 9:39 AM ETCenter
  2. +29mBitcoin MagazineNov 6, 10:09 AM ETCenter

Claim ledger

  1. [01]
    Verified

    Core event reported by 2 independent outlets across the spectrum.

    2 corroborating · 1 primary-source link

  2. [02]
    Disputed

    Key facts present in mainstream desks; corroboration thin from wires.

    2 corroborating

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