As Treasury adopts a cautious stance on crypto, some argue it's 'gold' for institutional investors

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The price of bitcoin has risen to almost $70 000 this year. Centralised exchanges that store bitcoin have grown by over 700% this year alone and this can still rise further.
The price of bitcoin has risen to almost $70 000 this year. Centralised exchanges that store bitcoin have grown by over 700% this year alone and this can still rise further.
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About 100 million people have invested in cryptocurrencies. And in countries like Nigeria, bitcoin as a currency is booming. Some people even have more faith in it than the naira, says Dr Desné Masie, chief strategist at IC Intelligence.

So, isn't it time that institutional investors like pension funds also have cryptocurrency allocations?

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