Cyrptocurrency has been all the talk at the Davos conference this year. BlackRock chairman and CEO Larry Fink made an especially bold statement that it will transform the way we do business, and a global solution must be embraced or it will create systemic risk.
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BlackRock's Larry Fink calls cryptocurrencies 'an index of money laundering
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“[We must] invest in the technology, which has a lot of potential for the remaking of finance and focus on that as opposed to short-term hype: ‘Are you investing in x? Are you investing in y?” His stagemate, Fink, nodded in agreement.
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