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BlackRock CEO Larry Fink's Views on Bitcoin Evolve
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investopedia.comBack in October 2017, BlackRock, Inc. (BLK) CEO Larry Fink referred to Bitcoin (BTCUSD) as an «index of money laundering.» Three years later, he seems to have changed his mind about the cryptocurrency.
During a conversation with the Council of Foreign Relations earlier this week, Fink said that Bitcoin could evolve into a «global market» because it had caught the «attention and imagination» of Millennials. «We look at it as something that's real,» he said in the YouTube event, which also featured former Bank of England Governor Mark Carney. According to Fink, Bitcoin could threaten the U.S. dollar's reserve status in international markets and make it «less relevant.»
Even as he outlined the cryptocurrency's potential to upend traditional
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