You are currently viewing There’s a Good Chance Crypto Is Spreading in Your Retirement Account

Bitcoin and other digital assets are quietly growing in many nest eggs, with the encouragement of the Trump administration. Hidden risks are mounting, our columnist says.

The president of the United States and his family are selling and promoting memecoins. The vice president told a Bitcoin convention in Las Vegas last month that “crypto finally has a champion and an ally in the White House.”

Before taking office, the new chairman of the Securities and Exchange Commission was a cryptocurrency investor, adviser and advocate. And the Department of Labor last month rescinded its warning against putting cryptocurrency in retirement portfolios.

To say that these are good times for Bitcoin and other digital currencies is like stating that tariffs are rising sharply under the Trump administration. It’s obvious that the world is changing in dangerous ways, but we don’t yet know all the consequences. What is clear is that the rise of cryptocurrency is

Keep reading this article on The New York Times Your Money.

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