“Bitcoin just shows how much demand there is for money laundering around the world. Nothing more.” These words from BlackRock Chairman and CEO Larry Fink five years ago seem far-fetched now. A few days ago, the head of the largest asset manager on the planet ($8.5 trillion) confirmed his shift towards greater adoption of cryptocurrencies. It announced the launch of a new offering for institutional investors in partnership with Coinbase, the leading crypto platform in the United States.. “The demand for these virtual currencies from our customers is increasing. Aiming to effectively manage their operational life cycle”. acquitted the asset manager.
Specifically, bankers, treasurers, venture capital funds and other BlackRock clients will now be able to use its Aladdin portfolio management system…
Source: Le Figaro
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.