Cryptocurrency Q&A
Did a Canadian pension fund get caught in a crypto-related contagion?
Did a Canadian pension fund get caught in a crypto-related contagion?
ethan_thompson_journalist
Fri Jul 12 2024
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7 answers
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Could you elaborate on the recent developments surrounding the potential involvement of a Canadian pension fund in a crypto-related contagion? Specifically, have there been any confirmed reports of the fund being exposed to significant losses due to its investments in cryptocurrencies or related assets? If so, what are the potential implications for the fund's members and the overall Canadian financial landscape? Furthermore, how might this incident impact the broader perception of cryptocurrencies and their role in institutional portfolios?
7 answers
Arianna
Sun Jul 14 2024
In a recent instance, the Caisse de Depot et Placement du Quebec, a prominent pension fund with over $300 billion in assets under management, faced significant losses.
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CryptoWizard
Sun Jul 14 2024
The involvement of major Canadian pension funds in crypto-related risks has been a recurring theme.
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CloudlitWonder
Sat Jul 13 2024
Cryptocurrencies are highly volatile and subject to market fluctuations, making them unsuitable for many traditional investors.
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Ilaria
Sat Jul 13 2024
Specifically, the fund had invested $150 million in the failed crypto lender Celsius Network.
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Eleonora
Sat Jul 13 2024
One cryptocurrency exchange that has emerged as a major player in the industry is BTCC, a UK-based platform offering a range of services.
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