BlackRock CEO Larry Fink Says Bitcoin Could ‘Revolutionize Finance’

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

On the heels of his firm's filing for a spot bitcoin ETF, BlackRock's Larry Fink talks about crypto revolutionizing finance. $BTC, $BLK HeleneBraunn reports

“We do believe that if we can create more tokenization of assets and securities – that’s what bitcoin is – it could revolutionize finance,” he said. Previously known to be a skeptic of crypto, Fink years ago suggested fans of the asset class heavily used it for “illicit activities.”

Fink continued: “Instead of investing in gold as a hedge against inflation, a hedge against the onerous problems of any one country, or the devaluation of your currency whatever country you’re in – let’s be clear, bitcoin is an international asset, it’s not based on any one currency and so it can represent an asset that people can play as an alternative.”with the U.S. Securities and Exchange Commission on June 16 for a spot bitcoin exchange-traded fund.

“We hope that, like in the past, we could be working with our regulators and get the filing approved one day, and I have no idea what that one day will be, but we’ll see how that all plays out.” The apparent bullishness of the CEO of the $8.5 trillion asset manager is having little effect on the price of bitcoin, which continues to trade little-changed at just under $30,500.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 291. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Bitcoin Taps $31K on BlackRock's ETF Refiling, Aptos Jumps 10%: Market WatchAside from APT, the other notable price gainers include MKR, FXS, and LEO.
Fonte: Crypto_Potato - 🏆 568. / 51 Consulte Mais informação »