Invesco Mutual Fund has delayed the launch of its blockchain-based fund due to the regulatory uncertainty over cryptocurrency.
Invesco CoinShares Global Blockchain ETF Fund of Funds (FoF) was planned to be launched on November 24.
Under the lens
From the developments of the last few days, Indian lawmakers have been meeting participants in the country’s digital assets industry, which will likely culminate in a new legislative framework being formulated,” the fund house said in its press release.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.