US labor federation warns CLARITY Act could push crypto closer to workers’ retirement money
The 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.
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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).
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US labor federation warns CLARITY Act could push crypto closer to workers’ retirement money
The 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.
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