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On February 14, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the Munich Security Conference and delivered a speech and answered questions at the "China Session." When asked about Chinas role in resolving regional conflicts, particularly the Ukraine issue, Wang Yi stated that Chinas position is clear: all regional hotspots should seek political solutions through dialogue and consultation, and the same applies to the Ukraine issue. However, China is not a party to the conflict, and the decision-making power is not in Chinas hands. What we can do is to promote peace talks. We have dispatched special envoys to mediate and, through various channels, emphasized to all parties that a ceasefire should be implemented as soon as possible, and that everyone should return to the negotiating table.On February 14, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, attended the Munich Security Conference, delivered a speech at the "China Session," and answered questions from the audience. Wang Yi emphasized that the erroneous remarks by Japanese leaders on the Taiwan issue exposed Japans undying ambition to invade and colonize Taiwan and the lingering specter of reviving militarism. Japan launched its invasion of China and attacked Pearl Harbor under the pretext of a so-called "crisis and existential crisis." The lessons of history are still fresh and must be heeded. If Japan does not repent, it will inevitably repeat the same mistakes. Good people should be vigilant. First and foremost, the Japanese people must be reminded not to be blinded and coerced by far-right forces and extremist ideologies again. All peace-loving countries should also warn Japan: if it chooses to go back to its old ways, it will only lead to its own destruction.Joint statement from the UK, Switzerland, France, Germany, and the Netherlands: We and our partners will use all policy tools at our disposal to continue to hold Russia accountable.Joint statement from the UK, Switzerland, France, Germany, and the Netherlands: We further express our concern that Russia has not destroyed all of its chemical weapons.The United Kingdom, Sweden, France, Germany, and the Netherlands issued a joint statement regarding the death of Alexei Navalny.

Fidelity to Allow Retirement Savings Allocation to Bitcoin In 401(k) Accounts

Cameron Murphy

Apr 27, 2022 10:05

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The Wall Street Journal reported on Tuesday that Fidelity Investments will allow investors to establish a bitcoin account to their 401(k) retirement savings and investment programs.


Fidelity Investments, the first large retirement plan provider to do so, announced on Tuesday that individuals will be able to invest a portion of their retirement savings in bitcoin through their 401(k) investing plans.


MicroStrategy Inc, a prominent bitcoin corporate sponsor, will be the first company to use the new product, which will be offered to other companies by the middle of the year, according to the family-controlled asset manager.


Employees will be able to invest in bitcoin through a Digital Assets Account (DAA) within the basic lineup of their 401(k) plans as part of the new offering, according to Fidelity.


Newfront, a retirement consulting services provider, has also suggested that the DAA will help fulfill a rising need among their client base, according to Fidelity.


Plan sponsors will be able to decide on employee contributions to the DAA and set restrictions on how much of that money can be exchanged for bitcoin, according to Fidelity, who also stated that further information about the new product will be available in the coming months.


According to the Wall Street Journal, which was the first to publish the news, Dave Gray, president of Fidelity's workplace retirement solutions and platforms, said the scheme will initially be restricted to bitcoin, but that other digital assets will be made available in the future.


The news comes after US President Joe Biden signed an executive order in March mandating that the government study the dangers and benefits of developing a central bank digital currency, as well as other cryptocurrency concerns.