Trump’s inauguration will usher in a crypto-friendly administration, and with it, new state policies
- The Bitcoin-friendly administration of President-elect Donald Trump could lead to more states becoming open to cryptocurrency investments, as reported by various analysts.
- A U.S. Government Accountability Office study warned that cryptocurrency has uniquely high volatility and no standard approach for projecting future returns.
- The State of Wisconsin Investment Board became the first state to invest in cryptocurrency, purchasing $160 million in shares of two ETFs, later scaling back to $104 million.
- Pension fund professionals are cautious about investing in cryptocurrency, with many expecting limited commitment due to its volatility, according to Keith Brainard.
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Total News Sources0
Leaning Left8Leaning Right0Center9Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
L 47%
C 53%
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