Post #51052 by onepoorguy on the US Policy board

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...it will draw in the federal government in a bailout.

Will it? I'm totally against crypto, and would never touch it, but that's beside the point. I know Fido has FDIC and SIPC coverage, which they have to pay for. Should they go belly-up, account holders are protected up to some threshold. If crypto is allowed in -for example- a Fido 401K, would that not then apply?

Just curious.

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