Qatar’s sovereign wealth fund chief says not interested in crypto investment
DUBAI: The chief executive of Qatar Investment Authority said on Tuesday that the sovereign wealth fund is not interested in crypto investments but it is exploring opportunities in blockchain.
Mansoor bin Ebrahim Al-Mahmoud was speaking at the Qatar Economic Forum organized by Bloomberg.
The $300 billion sovereign wealth fund owns stakes in Credit Suisse and Volkswagen AG as part of its European portfolio.
Russian exemption
On the other hand, Russian lawmakers approved a draft law that would potentially exempt issuers of digital assets and cryptocurrencies from value-added tax.
Russia has long voiced skepticism of cryptocurrencies and other digital assets, with the central bank citing concerns over financial stability.
But in February the regulator gave blockchain platform Atomyze Russia the first license to exchange digital assets. A license for dominant lender Sberbank soon followed.
Unprecedented Western...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...