WuBlockchain Weekly: US Proposes Relaxing Rules for 401 (k) Plans to Invest in Crypto, Google Highlights Quantum Threats to Cryptography, Drift Hacked with $285 Million Stolen, etc — Bill Cassidy | ChamberLight
WuBlockchain Weekly: US Proposes Relaxing Rules for 401 (k) Plans to Invest in Crypto, Google Highlights Quantum Threats to Cryptography, Drift Hacked with $285 Million Stolen, etc
Senator Bill Cassidy joined efforts to boost domestic crypto mining through the introduction of the Mined in America Act.
The US Labor Department proposed rules for crypto in 401(k) plans, while Senators Cassidy and Lummis introduced legislation for Bitcoin reserves. Additionally, Alabama recognized DAOs and the Drift Protocol suffered a $285 million hack.