Crypto

Sen. Brown’s cryptocurrency crackdown should start with federally tax-advantaged retirement plans: Letter to the Editor

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To Sen. Sherrod Brown and different legislators involved by the monetary bubble that Bitcoin and different cryptocurrencies have been (”Banking committee chair Brown requires crypto crackdown,” Jan. 3):

Ask one in every of your employees to do an web search on “IRA crytocurrencies.” The outcomes will recommend the unhealthy information that federally tax-advantaged Keogh, IRA and Roth IRA retirement plans have permitted these “investments” for a few years. That furnished a authorities endorsement of those schemes and elevated the movement of funds into them.

There may be your low-hanging fruit, Sen. Brown.

Arnold Berger,

Cleveland

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