News Explorer — BlackRock's CEO Believes Cryptocurrency Will 'Transcend' the U.S. Dollar

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Jul 16, 11:45 am

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BlackRock's CEO Believes Cryptocurrency Will 'Transcend' the U.S. Dollar

BlackRock's CEO, Larry Fink, predicts that cryptocurrency will surpass traditional currencies and expects it to transcend any one currency in valuation. BlackRock has filed an application for a U.S. spot bitcoin ETF and is working with regulators to ensure safety and protection. The recent court ruling on Ripples XRP sales has boosted the crypto market, signaling a potential end to regulatory uncertainty.

BlackRock's CEO, Larry Fink, predicts that cryptocurrency will surpass traditional currencies and expects it to transcend any one currency in valuation. BlackRock has filed an application for a U.S. spot bitcoin ETF and is working with regulators to ensure safety and protection. The recent court ruling on Ripples XRP sales has boosted the crypto market, signaling a potential end to regulatory uncertainty.

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