US labor federation warns CLARITY Act could push crypto closer to workers’ retirement moneyThe AFL-CIO says clearer crypto market rules could make digital assets easier to package into 401(k) and retirement investment products before stronger safeguards are in place.
Happy Friday!The AFL‑CIO warns the CLARITY Act could make it easier for crypto to reach retirement products before stronger safeguards are in place, even though the bill is not retirement law and does not require plan sponsors to add crypto funds. The group argues that clearer market rules could still create a path for digital assets to move closer to workers’ retirement money. That caution fits the broader market response. Bitcoin ETF outflows hit $648.6 million after the CLARITY Act vote, suggesting policy progress alone has not convinced investors that demand will hold. Rootstock’s report also shows that while most of Bitcoin’s hashrate can secure DeFi infrastructure, the fee and usage payoff is still limited. The global crypto market cap is $2.56 trillion, with a 24-hour volume of $75.93 billion. The price of Bitcoin is $76,634.23, and BTC market dominance is 59.9%. The price of Ethereum is $2,115.95, and ETH market dominance is 10.0%. The best-performing sector is Identity, which gained 11%. The Crypto Fear & Greed Index is currently Extreme Fear (28). 📰 Top News
US labor federation warns CLARITY Act could push crypto closer to workers’ retirement moneyThe AFL-CIO says clearer crypto market rules could make digital assets easier to package into 401(k) and retirement investment products before stronger safeguards are in place. Bitcoin ETF demand weakens despite CLARITY Act policy winBitcoin ETF outflows reached $648.6 million days after the CLARITY Act advanced, turning a policy win into a test of institutional demand. US lawmakers push new Strategic Bitcoin Reserve act to secure $25 billion federal stashARMA would force the government to hold its Bitcoin for two decades to build a strategic financial buffer.
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About CryptoSlateCryptoSlate is a comprehensive and contextualized source for crypto news, insights and data. Since 2017, CryptoSlate has been a go-to destination for the fast-moving and nascent digital assets space. Our coverage focuses on Bitcoin, Ethereum, macro, DeFi, AI, and web3. Our goal is to provide an all-encompassing overview of the crypto asset market and the technological trends shaping it. Our mission at CryptoSlate is to decode the complexity of digital assets and showcase their potential to transform society by providing accessible, reliable information and analysis. We're committed to differentiating our news coverage by telling original stories and providing alternative points of view. Questions, Comments?Get in touch with us here. Connect with UsTelegram • X • Google News • LinkedIn • Instagram
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