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U.S. Labor Department Flips Script on Crypto—Dumps Old Warnings Like a Bad Altcoin

U.S. Labor Department Flips Script on Crypto—Dumps Old Warnings Like a Bad Altcoin

Coindesk
Author:
Coindesk
Release Time:
2025-05-28 16:25:56
0

U.S. Labor Department Picks Up Crypto Torch, Throws Out Previous Warnings

In a move that’s got Wall Street blinking, the Labor Department just tossed its crypto skepticism into the shredder. No more hand-wringing—just a green light for digital assets to play in the retirement sandbox.


From ‘Proceed With Caution’ to Full Send

Gone are the days of side-eye guidance. Now, it’s all about ‘innovative investment opportunities’ (translation: your 401(k) might moon). Critics whisper this smells like desperation—traditional finance scrambling to stay relevant as Bitcoin eats their lunch.


The Punchline?

Regulators finally admit what crypto traders knew all along: you can’t ban math. And hey—if pensions start buying Dogecoin, at least it’ll make the next market crash entertaining.

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