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Temasek: Will not invest in cryptocurrency companies under current regulatory uncertainty

2023-07-11 20:04:27
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ChainCatcher news, according to CNBC, Temasek's Chief Investment Officer Rohit Sipahimalani stated that in light of the regulatory uncertainty in the cryptocurrency industry, Temasek currently does not plan to invest in cryptocurrency companies.

Sipahimalani added, "We have never considered investing in cryptocurrency. Even our investment in FTX was specifically in the exchange, which allowed us to earn fee-based revenue without considering balance sheet risk or any trading risk." (source link)

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