BlackRock CEO Larry Fink a ‘Big Believer in the Potential’ of Cryptocurrency

Carmela Tim

Oct 2, 2017
Fink made these comments in a Bloomberg TV interview, explaining that he is a proponent of the potential of digital currency — and blockchain technology in particular — although he believes the markets are currently far too speculative and owe their increasing trading volume to international money laundering operations:

“Related to cryptocurrencies, I’m a big believer in the potential of what a cryptocurrency can do. You see huge opportunities, but what we’re talking about today, it’s much more of a speculative platform, people are speculating on it,” he said.