On May 28, 2025, the US Department of Labor (the “Labor Department”) issued Compliance Assistance Release No. 2025-01 (the “2025 Release”), memorializing the Labor Department’s decision to rescind Compliance Release No. 2022-01 (the “2022 Release”), which had discouraged plan fiduciaries from offering cryptocurrencies in their 401(k) plans….
By: Mayer Brown
By: Mayer Brown