The federal government has some advice for workers contemplating adding bitcoin or another cryptocurrency to their retirement holdings: Don't.
The advice is not exactly new. The Department of Labor, which oversees employer-sponsored retirement offerings such as 401(k) plans, first warned plan sponsors in March to "exercise extreme care" before opening those plans to cryptocurrency investments.
"These investments present significant risks and challenges to participants' retirement accounts, including significant risks of fraud, theft and loss," the agency said.
