Singapore's Temasek Says It's Not Looking To Invest in Crypto Firms

Singapore's sovereign wealth fund Temasek is not currently looking to invest in crypto companies amid regulatory uncertainty in the sector, its Chief Investment Officer Rohit Sipahimalani said. From a report: "There's a lot of regulatory uncertainty in this environment. And I do think that be very difficult for us to make another investment and exchange in the middle of all this regulatory uncertainty," Sipahimalani told CNBC in a Tuesday interview. The U.S. Securities and Exchange Commission charged top U.S. crypto exchange Ripple for breaching local securities laws by selling its native token XRP without first registering it with the regulator.

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