US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up By Cointelegraph


US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up

United States senators Elizabeth Warren, Tina Smith and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a (BTC)-linked 401(k) retirement product.

In a letter addressed to Fidelity Investments CEO Abigail Johnson on Nov. 21, the three senators said the recent fall of FTX is more reason than any for the $4.5 trillion asset management firm to reconsider its Bitcoin offering to retirement savers, stating: