reply on: Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts \ stacker news ~bitcoin

20 sats \ 2 replies \ @BlokchainB 26 Apr 2022 \ on: Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts bitcoin

Wonder how this works

20 sats \ 1 reply \ @go 26 Apr 2022

It has to be a custody service, via a third party I would guess. Probably Paxos or something similar.

2 sats \ 0 replies \ @cryptocoin 27 Apr 2022

From the Bitcoin Magazine article linked to in a separate reply:

Bitcoin in the proprietary DAA will be held in the Fidelity Digital Assets custody platform in a measure meant to provide institutional-grade security.