“401ks exist to help people save for a secure retirement, not gamble on speculative assets,” said an industry observer.
Crypto’s eligibility for 401k retirement funds is under fire after brutal market rout wipes out $2 trillion
"401ks exist to help people save for a secure retirement, not gamble on speculative assets," said an industry observer.
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Backpack, which purchased FTX EU for $32.7 million in January, directed customers to complete the first step of KYC verification.
The Swiss company's former CFO was based in London, and joined the crypto trading firm last September.
The final phase will allow users to deploy an AI agent to create and manage other agents.
Without proper planning, inherited crypto can easily be lost to delays, missing keys or fiduciaries unfamiliar with the asset class, experts warn.