Hedge funds rethink their crypto-asset strategy as US tightens regulations: PwC

Hedge funds rethink their crypto-asset strategy as US tightens regulations: PwC

FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic//File Photo

Tightening crypto regulations by the US Securities and Exchange Commission (SEC) in the past few months has led to widespread pessimism in the industry. So much so that many hedge funds are reconsidering their crypto strategy. 

Edited by: Pramod Mathew

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