FMP

FMP

BlackRock CEO Says Russia/Ukraine Conflict Can Impact the Acceleration of Digital Currencies

Larry Fink, the CEO of the world’s largest asset manager Blackrock, overseeing more than $10 trillion, published his 2022 letter to shareholders. In the section on digital currencies, Fink states that the Russia/Ukraine conflict has put an end to globalization, which has been experienced over the last three decades. He believes that the conflict will prompt countries to re-evaluate their currency dependencies and will have an impact on the acceleration of digital currencies.