The Department of Labor (DOL) has issued Compliance Assistance Release 2025-01, which rescinds its 2022 guidance cautioning 401(k) plan fiduciaries to use “extreme care” before adding cryptocurrencies as investment options for plan participants. In the latest release, the DOL explained that it is rescinding the guidance to restore its “neutral approach” to plan investments and strategies.
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DOL Rescinds 2022 Guidance on Cryptocurrency Investment Options in 401(k) Plans
