April 25, 2024

Pension Fund of Australia with assets of $ 69 billion evaluates the crypto investment

The fifth largest pension fund of Australia considers the possibility of placing capital on the cryptocurrency markets.

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FinancialThe Times reports that QueenslandThe Investment Corporation, which manages assets in the amount of $ 69 billion, is open for investment in cryptocurrency, even taking into account the critical ratio to the growing amount of growth.

Head of Currency Department of Fund Stuart Simmonsexplains the indecisiveness of large organizations by regulative pictograms on the background of the lack of clarity in relation to that, as the governing body and supervisors will be

Simmon added that large investors wantbolshey nopmativnoy oppedelonnocti or protecting From moshennichectva, kpazh, manipulyatsy nA pynke and store other ne poddayuschixcya kolichectvennoy otsenke pickov, Nr, tem ne menee, mogut obpatyatcya to kpiptovalyute, kogda pynok cozpeet.

"By the way, as the structure continues to develop, the superfund will begin to respond to the user's demand, simplifying the investment in the cryptocurrency."

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