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Join the Securities Litigation and Enforcement Group on LinkedInVirginia pension fund invests in crypto lending in bid to boost returns | Financial Times
A $6.8bn Virginia pension fund is looking to boost its returns by investing in crypto lending markets despite a crisis in the sector that has pushed several companies into bankruptcy and left retail investors with heavy losses. The Fairfax County Retirement Systems recently gained approval from its board of trustees to begin investing in “yield […]
Coinbase Avoids SEC Clash by Dropping Crypto Lend Product
While Coinbase’s decision to forgo its planned launch of Lend apparently avoids a head-on collision with the SEC, the events of the past month demonstrate both the SEC’s readiness to pursue enforcement action in the digital asset space as well as the crypto industry’s dissatisfaction with the guidance provided by the SEC regarding the ground […]