New York AG pushes prohibition of crypto purchases via retirement funds
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The turmoil surrounding crypto exchange FTX and
United States senators Elizabeth Warren, Tina Smith and Richard Durbin requested Fidelity Investments reconsider its Bitcoin (BTC) offering to retirement savers, stating:
“The recent implosion of FTX, a cryptocurrency exchange, has made it abundantly clear the digital asset industry has serious problems.”
A Fidelity spokesperson told Cointelegraph that the company “has always prioritized operational excellence and customer protection.”