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U.S. Senator Elizabeth Warren recently sent a letter to the U.S. Securities and Exchange Commission expressing concerns about the entry of cryptocurrencies into pension investment portfolios. She claims that allowing digital assets to be included in 401k retirement savings accounts (U.S. tax-advantaged retirement plans) could result in significant losses for ordinary investors.
This stance reflects the cautious attitude of regulators towards integrating crypto assets into mainstream financial products. There are still significant disagreements among regulators and industry players regarding the role of cryptocurrencies in traditional retirement savings.