A pension fund in the United States has added both Bitcoin and Ether to its portfolio. This marks the first-ever cryptocurrency investment by a US public pension plan, further highlighting institutional demand for crypto exposure. Firefighter Pension Partners With NAYDIG According to a press release from Newswire, the Houston Firefighters' Relief and Retirement Fund (HFRRF) announced their investment this morning. NAYDIG – a Fintech service provider for banks, corporations, and institutions – facilitated the purchase on the fund’s behalf. It…
Tag: Amid Escalating Fraud
TikTok Warns Influencers from Promoting Cryptos Amid Escalating Fraud Cases
TikTok, Social media platform, announced on Friday that certain ads would no longer be allowed on their forum. Crypto-based promotional content, share trading and buy now pay later are among the forbidden topics, according to an article from FT Adviser on July 8. In addition, TikTok’s new guidelines now globally prohibit the promotion of all financial services and products. According to the report, the ban aims to halt the worrying trend of risky investments being touted on social media. Most…
3 months ago
