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
279
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
To advance crypto-friendly regulation, Trump’s party needs to win a majority in the Senate
Oct 18, 2024
Incidents
The regulator believes that the court erred in not recognizing retail sales of XRP as securities transactions
Oct 18, 2024
Market
The leader was the Solana network, with 100 million active addresses per month
Oct 17, 2024
Crypto regulations
Amendments to the regulation of financial institutions have been published for public discussion until October 30
Oct 16, 2024
Market
Over the past four years, the company’s shares have grown by 1540%, while the index has gained only 111%
Oct 16, 2024
Incidents
Over the last 24 hours, the asset has updated its all-time high at $2,34
Oct 15, 2024
Cryptocurrency rates
-
Bitcoin
$66 814
BTC
-1.2%
-
Ethereum
$2 605.77
ETH
-1.86%
-
BNB Smart Chain
$598.02
BSC
-1.3%
-
Ripple
$0.52821
XRP
-3.32%
-
Dogecoin
$0.13949
DOGE
-4.28%
-
Cardano
$0.365642
ADA
-0.39%
-
Bitcoin Cash
$354.17
BCH
-2.66%
-
Polkadot
$4.26
DOT
-3.63%
-
Litecoin
$69.18
LTC
-3.14%
-
Stellar XLM
$0.095228
XLM
-1.08%