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Crypto

Senior Democratic Congressman Calls for Withdrawal of Rules Allowing Cryptocurrencies in 401k Retirement Plans

2026/06/27 20:41(Updated 2026/06/29 10:01)

CoinPost

Written by L.Kikutani

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Senior Democratic Congressman Calls for Withdrawal of Rules Allowing Cryptocurrencies in 401k Retirement Plans

Letter Requesting Withdrawal Sent

Letter Requesting Withdrawal Sent

On the 26th, Maxine Waters, the leading minority member of the U.S. House Financial Services Committee, sent a letter to Keith Sonderegger, the acting head of the U.S. Department of Labor (DOL), requesting the immediate withdrawal of proposed regulations that would allow investments in alternative assets such as cryptocurrencies in 401k retirement accounts, a defined contribution pension plan in the U.S. Approximately 90 million Americans are enrolled in this plan, where both employees and employers contribute funds to invest in stocks...

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