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Fact Check: Do U.S. Public Pensions Invest in Cryptocurrency?
National Conference on Public Employee Retirement Systems [NCPERS] 
[Opinion] Oct. 17, 2022 "In his recent Forbes column, Edward Siedle cited a study claiming that 94 percent of America's state and local government pensions are gambling on cryptocurrencies ... Of the 50 state/government pension plans around the world that responded to the survey, only 16 percent were in the US -- meaning only 8 ... of the more than 5,000 US-based public pension plans are part of the figure Siedle references. The study is hardly representative of US public pensions and their investment strategies." |
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