#CryptoCurrency #DigitalAssets / BlackRock’s Fink Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset

BlackRock’s Fink Says Bitcoin Can Possibly ‘Evolve’ Into Global Asset… The head of the world’s largest asset manager has provided a somewhat bullish take on the world’s first cryptocurrency.

Speaking to former Bank of England Governor Mark Carney at the Council on Foreign Relations on Tuesday, Fink said the nascent cryptocurrency asset class can possibly “evolve” into a global market asset… Fink also said having a digital currency has a real impact on the U.S. dollar, making it less relevant on a global scale for international holders of dollar-based assets…

The comments are a still relatively rare endorsement from a major traditional financial players but follow on the heels of even more bullish views from billionaire hedge fund managers Stanley Druckenmiller and Paul Tudor Jones II, who are allocating a portion of their assets to bitcoin.

BlackRock is the world’s largest asset manager with over $7.4 trillion dollars in assets under management…


[trend CryptoCurrency, DigitalAssets, DLT, BitCoin]