Topic: Governments are looking to buy Bitcoin, NYDIG CEO confirms - page 3. (Read 411 times)
in recent news i already hear about government X Cryptocurrency from banned and who start adopting, but in my opinion is good if government start adopting in start form print their own digital stable coin backed by government
Let me quote from the article:
And this is the company:
https://www.temasek.com.sg/en/index
And it is own by the Government of Singapore, and we all know that Singapore is one of the most crypto friendly countries. Interesting to see how much they are willing to invest on bitcoin though, it said they manage a net portfolio of $306 billion, that's huge, but I speculate that they could be just testing some grounds on bitcoin and could be investing in millions initially.
Quote
According to Pal, Temasek which holds about $306 billion in assets under management, has been buying virgin Bitcoin from miners.
And this is the company:
https://www.temasek.com.sg/en/index
And it is own by the Government of Singapore, and we all know that Singapore is one of the most crypto friendly countries. Interesting to see how much they are willing to invest on bitcoin though, it said they manage a net portfolio of $306 billion, that's huge, but I speculate that they could be just testing some grounds on bitcoin and could be investing in millions initially.
It is great news for sure. We have witnessed many governments not leaning towards legalizing Bitcoin in their country so far. But it looks like it could start changing. This will really accelerate Bitcoin adoption. Even if the governments don't prefer Bitcoin as their chief monetary unit, it means a lot for Bitcoin.
Governments are looking to buy Bitcoin, NYDIG CEO confirms https://cointelegraph.com/news/governments-are-looking-to-buy-bitcoin-nydig-ceo-confirms just so much good news
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