Bitwise CIO criticizes 401(k) Bitcoin bans; Warren seeks SEC answers by Jan. 27
On Monday, Bitwise CIO Matt Hougan called efforts to keep Bitcoin out of 401(k) menus "ridiculous," arguing BTC was less volatile than Nvidia over the past year. Senator Elizabeth Warren published an open letter pressing the SEC for safeguards and set a Jan. 27 deadline. In August last year, President Donald Trump signed an executive order opening the door to crypto in 401(k)s.