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News Explorer — BlackRock CEO Larry Fink Pivots From Crypto Skeptic to Embracing Bitcoin as Mainstream Asset

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Oct 22, 6:37 am

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BlackRock CEO Larry Fink Pivots From Crypto Skeptic to Embracing Bitcoin as Mainstream Asset

BlackRock CEO Larry Fink has gone from being a crypto skeptic to embracing Bitcoin as a mainstream asset class. Over the years, Fink's views on Bitcoin have evolved, from calling it an index of money laundering to recognizing its potential as a store of value. BlackRock has made moves to support the crypto industry, including hiring a head of digital assets and investing in cryptocurrency-related companies.

BlackRock CEO Larry Fink has gone from being a crypto skeptic to embracing Bitcoin as a mainstream asset class. Over the years, Fink's views on Bitcoin have evolved, from calling it an index of money laundering to recognizing its potential as a store of value. BlackRock has made moves to support the crypto industry, including hiring a head of digital assets and investing in cryptocurrency-related companies.

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