The South Korea Teachers' Credit Union will invest in bitcoin
Cryptocurrency can be accessed through the use of bitcoin ETF
26.10.2021 - 08:35
345
1 min
0
What's new? According to the South Korean media, the Teachers' Credit Union plans to make regular investments in cryptocurrencies starting from the first half of 2022.
News on the Korea Economic Daily website
How will the process proceed? According to the journalists, it is not a question of buying bitcoin directly and transferring it to the organization’s account. Most likely, access to the cryptocurrency will be carried out by using tools such as bitcoin ETFs.
The tendency to hedge financial risks with cryptocurrency is gaining momentum. As previously stated, the Houston (Texas) Firefighters' Relief and Retirement Fund had announced the purchase of cryptocurrency. Two assets have been added to the fund's portfolio at once: Bitcoin and Ethereum.
Useful material?
Telegram 
Twitter Market
Previously, the Chicago Mercantile Exchange launched a similar instrument
May 22, 2025
Technologies
The proposed improvement would allow nodes to not store the entire history of the underlying blockchain
May 19, 2025
Market
The criminal funds were moving on the Ethereum and TRON networks
May 16, 2025
Crypto regulations
The official also noted that mining companies can play a key role in modernizing the country’s energy infrastructure
May 14, 2025
Market
The exchange’s daily volume surpasses the $3 billion mark
May 12, 2025
Market
According to anonymous sources, Facebook’s parent company will add support for USDT and USDC
May 9, 2025
Cryptocurrency rates
-
Bitcoin
$111 114
BTC
+2.06%
-
Ethereum
$2 642.66
ETH
+4.51%
-
Ripple
$2.42
XRP
+1.07%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.241967
DOGE
+4.4%
-
Cardano
$0.804142
ADA
+4.56%
-
Stellar XLM
$0.302267
XLM
+3.49%
-
Bitcoin Cash
$443.3
BCH
+9.57%
-
Litecoin
$100.54
LTC
+3.87%
-
Polkadot
$4.93
DOT
+3.99%