Bitwise CIO calls Bitcoin 401(k) restrictions ‘ridiculous’ as Warren presses SEC - Source: CoinTelegraph

Bitwise chief investment officer Matt Hougan has slammed the idea that Bitcoin shouldn’t be used for investment and 401(k)s because of its volatility — arguing that some stocks are also prone to even larger price swings.

Hougan made the comments on the same day US Senator Elizabeth Warren pressed the US Securities and Exchange Commission (SEC) for answers on how it would mitigate risks involved in allowing crypto in retirement funds. 

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