Australia’s fifth-largest pension fund is open to investing in crypto

Australia’s fifth-largest pension fund is open to investing in crypto

Queensland Investment Corporation (QIC), Australia’s fifth-largest pension fund managing nearly $70 billion worth of assets, is reportedly open to investing in cryptocurrencies in the future. Stuart Simmons, QIC’s head of currencies, told The Financial Times in a report published Thursday that large pension funds will likely seek out exposure to crypto as the space matures in terms…

Bank of Russia to assess Bitcoin holdings volumes as $36B leave banks

Bank of Russia to assess Bitcoin holdings volumes as $36B leave banks

The Bank of Russia remains skeptical on crypto despite the Russian president viewing it as a potential unit of account. The central bank of Russia is trying to evaluate the amount of Bitcoin (BTC) held by local investors amid a massive amount of money not returning to banks following the pandemic-fueled withdrawals. According to Elizaveta…

Blackrock CEO Agrees With JPMorgan Boss Jamie Dimon About Bitcoin, Sees ‘Huge Role for Digitized Currency’

Blackrock CEO Agrees With JPMorgan Boss Jamie Dimon About Bitcoin, Sees ‘Huge Role for Digitized Currency’

The chief executive officer of the world’s largest asset manager, Blackrock, says he is “more on the Jamie Dimon camp” when asked whether he thinks bitcoin is worthless. However, the executive says he is fascinated by people’s interest in crypto and sees “a huge role for a digitized currency.” Blackrock’s CEO Sides With JPMorgan’s Jamie…

Billionaire Barry Sternlicht Owns Bitcoin Because Governments Are ‘Printing Money Now to the End of Time’

Billionaire Barry Sternlicht Owns Bitcoin Because Governments Are ‘Printing Money Now to the End of Time’

The billionaire CEO of Starwood Capital, an investment firm with over $95 billion under management, has revealed that he owns bitcoin and ether. “The U.S. government, and every government in the Western Hemisphere, is printing money now to the end of time, and this is a finite amount of something and it can be traded…

China May Soon Start Convicting And Sentencing Cryptocurrency Users

China May Soon Start Convicting And Sentencing Cryptocurrency Users

China’s judiciary is reportedly preparing a legal interpretation of the country’s new crypto regulations to be used in prosecuting defaulters. The new regulations which will reach even foreign entities has crypto-market participants worried. Number of crypto-businesses leaving China continues to grow.  China’s cryptocurrency regulation is about to enter a new gear. According to a report…