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Temasek Cites Regulatory Uncertainty, Keeps Crypto Investments Off Table

Regulation & Policy Geopolitics

2026-07-09 08:46:07

According to CNBC, Temasek's global chief investment officer Nagi Hamiyeh said on July 9 that cryptocurrency investments remain off the table due to regulatory uncertainty in the sector. The Singapore sovereign wealth fund previously took a $275 million write-down in 2022 following the collapse of crypto exchange FTX. Hamiyeh said the company is instead focused on blockchain and its underlying infrastructure based on their real-world impact on the economy.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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