News with the tag "pension fund"

In a surprising turn that underscores the growing acceptance of digital assets within traditional financial systems, it’s been revealed that a significant number of North American states are dipping their toes into the cryptocurrency market, albeit indirectly. Are you ready to uncover where public f...

As US lawmakers continue working on crypto adoption and better regulations, Illinois and Indiana representatives have introduced new Bitcoin-related bills seeking to embrace the flagship crypto at the state level. Illinois Introduces Strategic Bitcoin Reserve Act On Wednesday, Illinois State Represe...

Indiana has officially entered the crypto investment space with the introduction of House Bill 1322 (HB 1322), a proposal that could allow state pension funds to invest in Bitcoin ETFs. This move follows similar initiatives in states like Michigan, Utah, Arizona, and California, highlighting the gro...

Pension Funds in U.S., UK, and Australia Turn to Crypto After Bitcoin Surge Pension funds in the U.S. , UK , and Australia have begun investing in Bitcoin , highlighting a growing recognition of the cryptocurrency’s potential even within traditionally conservative finance sectors. According to the F...

The recent Bitcoin (BTC) rally above $100,000, reaching its all-time high of $108k, has attracted conservative investors into the crypto space. Pension funds have started investing in cryptocurrency, driven by its promising returns. Thus, the recent crypto market rally and the Bitcoin price surge ha...

Australian pension fund AMP invests A$27M in Bitcoin futures investment, marking a cautious step into crypto amidst rising BTC prices and evolving global digital asset trends. Read original article on coincu.com

Australia has a superannuation system requiring employers to allocate a portion of an employee’s earnings to a retirement account.

Australia’s pension fund AMP has become the first major superannuation fund to buy into crypto by purchasing Bitcoin worth $27 million. The asset class previously barred for high volatility by big fund managers has now ignited FOMO as BTC price surpassed the $100K milestone after Donald Trump’s win ...

Pension funds often feature smaller alternative asset allocations and deep liquidity to mitigate risk, Allie Itami told Cointelegraph.

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3% to Bitcoin.