Banks could suffer a “significant” hit to their capital if cracks appear in other parts of the global financial system such as hedge funds and alternative asset managers, the International Monetary Fund warned on Tuesday https://t.co/bN75Butu6k ...

Crypto Industry & Policy - Authorities are supporting digital assets, seen as a boost to the crypto industry [1] - The policy aims to open new funding sources for alternative asset managers [1] - Critics argue the move could bring excessive risks to retirement accounts [1] Adoption & Market Impact - The U S loosened restrictions on some private investments back in 2020, yet adoption remains limited [1] - Industry insiders predict no overnight adjustment and unlikely significant changes in cryptocurrency proportion in investment portfolios in the short term [1]