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🚀 Colombia Limits Pension Funds' Overseas Investments to Boost Local Economy Colombia has announced a new policy to cap pension funds' overseas investments at 30%, a decision supported by President Gustavo Petro. Bloomberg posted on X, highlighting that this move is intended to stimulate domestic economic growth by redirecting billions of dollars into local assets. The policy aims to strengthen the country's financial markets and encourage investment within Colombia, potentially leading to increased economic stability and development. #Colombia#PensionFunds#OverseasInvestments#LocalEconomy#EconomicGrowth#FinancialMarkets#Investment#GustavoPetro#EconomicPolicy#Development

Bitcoin Investment Bills Could Drive $23B Matthew Sigel from Vaneck highlights that 20 U.S. states are advancing Bitcoin reserve bills, which could inject $23 billion (~247,000 BTC) into the market. Various state funds, including budget surpluses, are proposed for Bitcoin investments. Read more here. #Bitcoin#Investment#Finance#Markets#VC#Crypto#US#Legislation#Blockchain#PensionFunds#Funds#WealthManagement#BudgetSurplus#StateFunds#Reserves#Securities#Trading#Innovation#DigitalAsset#Decentralized#Ecosystem