The following news will be covered in this video: Beginning soon, 401(k) accounts will have the option to invest in bitcoin through Fidelity. Africa is intrigued by cryptocurrency and enjoys Binance’s support. The Russian central bank may consent to changes to the nation’s cryptocurrency laws. Though the price of bitcoin increased to $32300, these three factors may prevent further growth. In order to receive future updates, please click I like it and subscribe to our channel before watching this video….(read more)

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Fidelity, one of the world’s largest asset managers, is now offering bitcoin as an investment option in 401k accounts. This is a major step forward for the digital currency, as it will now be available to millions of investors who have access to Fidelity’s 401k accounts.

The move is part of Fidelity’s larger strategy to expand its cryptocurrency offerings. Last year, the company launched its own digital asset platform, Fidelity Digital Assets, which allows institutional investors to buy, sell, and store digital assets such as bitcoin. Now, with the addition of bitcoin to 401k accounts, Fidelity is making it easier for everyday investors to get exposure to the digital currency.

Fidelity is the first major asset manager to offer bitcoin as an investment option in 401k accounts. This move is significant because it could open up the digital currency to a much wider audience of investors. 401k accounts are typically used by individuals to save for retirement, and the addition of bitcoin as an investment option could make it easier for those individuals to diversify their portfolios and gain exposure to the digital currency.

The move is also likely to be welcomed by bitcoin enthusiasts, who have long argued that the digital currency should be available to all investors. By making it easier for everyday investors to get exposure to bitcoin, Fidelity could help to further legitimize the digital currency and pave the way for its wider adoption.

Overall, Fidelity’s decision to offer bitcoin as an investment option in 401k accounts is a major step forward for the digital currency. It could open up the digital currency to a much wider audience of investors, and could help to further legitimize it.