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 — Cynthia M. Lummis | 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 Cynthia Lummis introduced legislation to promote domestic Bitcoin mining and establish a strategic cryptocurrency reserve.
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.
