The U.S. Department of Labor, according to Odaily, has withdrawn its 2022 guidance that advised fiduciaries against including cryptocurrencies in 401(k) retirement plans. Integrating digital assets into pension accounts, analysts suggest, could expose fiduciaries to the peril of benefit litigation. This class of litigation entails legal actions brought forth by employees, retirees, or their representatives against employers, pension plan managers (fiduciaries), or associated entities regarding employee benefit schemes like pensions, 401(k)s, and healthcare.
