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BlackRock CEO admits previous opposition to Bitcoin and cryptocurrencies was wrong
Summary: According to reports, BlackRock CEO Larry Fink admitted at the New York Times DealBook Summit that his previous opposition to Bitcoin and cryptocurrencies was wrong. When asked about his statement in 2017 calling cryptocurrencies 'a money laundering and thieves' tool', despite BlackRock now having the largest Bitcoin spot ETF, Fink responded that he has strong ...
According to reports, BlackRock CEO Larry Fink admitted at the New York Times DealBook Summit that his previous opposition to Bitcoin and cryptocurrencies was wrong. When asked about his statement in 2017 calling cryptocurrencies 'a money laundering and thieves' tool', despite BlackRock now having the largest Bitcoin spot ETF, Fink responded that he has strong opinions but that doesn't mean he can't be wrong. After continuous self-examination and meeting with thousands of clients and government leaders every year, his thought process has evolved and his views have undergone a significant change. BlackRock is now actively embracing Bitcoin.
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Link: BlackRock CEO admits previous opposition to Bitcoin and cryptocurrencies was wrong [Copy]
