current position:Home>New York attorney general Letitia James suggested by pension fund investment encryption monetary is prohibited

New York attorney general Letitia James suggested by pension fund investment encryption monetary is prohibited

2022-11-24 10:22:20Sina Finance-Blockchain

BroadChain learned that on November 23, according to Cointelegraph, New York Attorney General Letitia James proposed to ban crypto investments in defined contribution plans and individual retirement accounts (IRAs).

In a letter to members of the U.S. Congress, Letitia James calls for legislation prohibiting U.S. citizens from purchasing funds from individual retirement accounts and defined contribution plans such as 401(k) and 457 plans.Cryptocurrencies and digital assets.

On the other hand, Letitia James clarified the difference between digital assets and blockchain technology.

Letitia James believes that U.S. citizens should be allowed to buy stakes in publicly traded blockchain businesses in their retirement accounts.

Editor in charge: Zhang Jingdi

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