Larry Fink, CEO of the world’s largest asset manager, BlackRock Inc. (NYSE:BLK), said that the future of cryptocurrencies, including Bitcoin (CRYPTO: BTC), will not be influenced by the outcome of the upcoming presidential election.
What Happened: During the company’s recent third-quarter earnings call, Fink was asked about the potential opportunities for the company in the wake of a more cryptocurrency-friendly administration in Washington, D.C.
In response, Fink said, “Well, first, I’m not sure if either president or other candidate would make a difference.”
He expressed optimism that overall usage of digital currencies will expand nonetheless, as institutions worldwide looked for ways to allocate to the asset class.
“But I truly …
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