Australia’s $2.4 trillion pension fund industry levy crypto as “too risky”

Australia’s $2.4 trillion pension fund industry levy crypto as “too risky”

The Australian Pension Fund Industry, which is worth A$3.3 trillion, i.e., $2.4 trillion has expressed its doubts about the $2.5 trillion decentralized industry. An eminent figure from the country’s pension fund sphere has levied cryptocurrencies as risky investments, especially for long-term funds in lieu of their highly volatile nature. Bloomberg…
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Source: CoinGape
Posted: 33 minutes ago