Cryptocurrency Analysis and News Portal
South African finance minister Enoch Godongwana has put forward proposals that bar pension funds from investing in cryptocurrencies, and has also set November 12 as the public comment deadline. Cryptocurrencies a Grey Area According to a report by Business Insider SA, Godongwana’s timeframe for the public to comment on the draft
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The South African government defines a crypto asset as any digital representation of value “not issued by a central bank, but is capable of being traded, transferred or stored electronically by natural and legal persons for the purpose of payment, investment and other forms of utility; applies cryptographic techniques and
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South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF).KTCU, one of the largest institutional investors in South Korea, is considering investing in a pure Bitcoin ETF or Bitcoin-linked ETFs in the first half
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A pension fund for firefighters in Houston has made a purchase in bitcoin and ether facilitated by bitcoin investment firm NYDIG.The Houston Firefighters’ Relief and Retirement Fund’s (HFRRF) purchase marks the first time a public pension plan in the U.S. has announced an investment in digital assets, according to an
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The largest public pension in the U.S. bought more RIOT shares for the first time since 2017. Source
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Michael Sonnenshein said institutions are also making larger allocations to its crypto products. Source
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The biggest pension fund in the world lost $164.7 billion in the first quarter of 2020. This is equivalent to the entire market capitalization for Bitcoin (BTC).Bitcoin didn’t do any betterJapan's Government Pension Investment Fund, or GPIF, decreased in value by almost 11% to 150.63 trillion yen or $1.4 trillion.
Read MoreThe Information Commissioner’s Office (ICO) searched a business premises in Chichester today as part of an investigation into the making of nuisance
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