Interesting piece on how pension funds are reacting to foreign investment limits. If funds are turning to Bitcoin because policy restricts overseas assets, it suggests the rules may be pushing portfolios toward second-best hedges. In risk terms, that can mean higher volatility and more complexity rather than less.
[Colombian Pension Funds Tap Crypto to Hedge Against Capital Repatriation | Sandmark](https://www.sandmark.com/news/top-news/colombian-pension-funds-tap-crypto-hedge-against-capital-repatriation)