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Cointelegraph by Vince Quill

Crypto industry, US unions clash over 401(k) crypto; AFT letter sent Wednesday

US lawmakers are weighing whether to allow 401(k) plans to hold crypto, exposing a sharp divide between industry advocates and labor unions. On Wednesday, the American Federation of Teachers urged the Senate Banking Committee to block retirement-account exposure to digital assets; on Thursday, AFT president Randi Weingarten reinforced that view. In October, the AFL-CIO also warned about volatility and systemic risk.
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