May fortune favor the bold. I have to say something nice because I wouldn’t attempt a Bitcoin offering with the Department of Labor (DOL) against it.
Bitwage announced a partnership with ForUsAll to offer a one-stop shop for cryptocurrency 401(k) plans combined with cryptocurrency payroll.
Bitwage is a provider of Bitcoin and cryptocurrency payroll, invoicing, and benefits solutions. Through Bitwage’s integration with ForUsAll, they will offer a 401(k) plan with ForUsAll’s self-directed crypto window.
Participants will be able to transfer up to 5% of their portfolio into a cryptocurrency window where they can invest in a range of cryptocurrencies. ForUsAll has sued the DOL over the crypto 401(k). guidance.