US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up
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Nov 26
Fidelity Investments, one of the earliest institutional backers of digital assets, is being strongly urged by members of Congress to limit its Bitcoin investment offerings. This week, Senators Elizabeth Warren, Tina Smith and Richard Durbin once again called on Fidelity to reconsider its Bitcoin 401(k) product offering in the wake of the FTX disaster. “Since our previous letter [from July 26, 2022], the digital asset industry has only grown more volatile, tumultuous, and chaotic—all features ...
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