Regulation· ★★★· bearish·

AFSCME union and allies oppose crypto in pension funds

  • AFSCME and allied unions opposed crypto in pensions
  • The campaign is aimed at protecting workers' savings from volatile assets
  • The unions' stance increases pressure on U.S. pension funds
Why it matters: Union resistance complicates crypto's access to institutional capital from pension funds.
Source: Google News (crypto query)