Two of Canada’s largest pension funds are still reeling from their losses in fraudulently managed crypto exchanges and have sworn off the sector. Some experts believe the funds simply bet on the 'wrong horses.'
In the wake of the SVB collapse, the cryptocurrency industry is not looking very bright — and fundamental bottlenecks, including real-world integration, need to be addressed.
Hong Kong's regulator sees scope for opening up a maturing crypto market to retail investors, but questions remain about whether investors are sufficiently protected.
While investors like the Ontario Teacher’s Pension Plan and Temasek write off their investments in FTX, the recent downfall of centralised crypto exchanges may actually serve as the purge the industry needs.