BlackRock's Larry Fink calls cryptocurrencies 'an index of money laundering"
This year, cryptocurrencies like Bitcoin are having their biggest Davos moment yet, as references to the cryptocurrency and its peers pop up on panel discussions, in comments by world leaders, and along the Swiss town’s famous promenade, where storefronts transform into flashy corporate ads for one week every January. (Crypto HQ, anyone?) There is no doubt that cryptocurrencies, which have experienced dramatic fluctuations in recent weeks, are on the minds of heads of states and corporate executives who attend the World Economic Forum’s annual meeting. BlackRock chairman and CEO Larry Fink made that clear as he issued an especially bold statement on the assets during a panel about the future of global finance on Thursday.