AI companies like Anthropic and OpenAI are preparing for IPOs, potentially bringing their valuations into millions of Americans' retirement accounts. The race to go public is driven by the immense capital needed for AI development, with market analysts watching profit margins closely.
The AFL-CIO is urging senators to oppose the Senate's Digital Asset Market Clarity Act, arguing it could expose workers' retirement savings to volatile crypto assets under weak oversight, shifting the bill's focus from market structure to retirement security.
Charles Schwab announced this week that it will begin selling Bitcoin and Ethereum directly to its 39 million brokerage clients. They will appear in the same account view as stocks, ETFs, and retirement funds, in the same app, under the same brand, one click from the S&P 500 index fund a customer bought for their […] The post Charles Schwab is bringing Bitcoin to its 39 million clients – but without the protections they expect appeared first on CryptoSlate.
