Bitcoin Exposure | Crypto

The U.S. Department of Labor has rescinded its 2022 crypto restriction that discouraged 401(k) sponsors from offering digital assets. The reversal restores neutrality, letting fiduciaries decide if Bitcoin and other cryptocurrencies suit retirement strategies, though adoption is still scarce. The post U.S. Department of Labor Reverses Crypto Guidance, Opens Door for 401(k) Bitcoin Exposure appeared first on Cryptonews.

Saudi Arabia's Central Bank has confirmed a 25,656-share purchase of Strategy, mirroring Norway’s wealth-fund playbook and giving the Kingdom indirect exposure to 568,840 Bitcoin, valued near $60 billion. The step coincides with Saudi leadership of MENA’s crypto growth despite sparse domestic rules. The post Saudi Central Bank Secures $60B Bitcoin Exposure via Strategy Stake appeared first on Cryptonews.