Speaking on CNBC Squawkbox, BlackRock’s chief investment officer Rick Rieder admits the firm dabbles with Bitcoin. BlackRock is the world’s largest asset manager with approximately $8 trillion in assets under management. The firm is publically listed with a market cap of around $110 billion. BlackRock CIO offers guarded response to Bitcoin position Host Joe Kernen […]Read More
Bluford Putnam, chief economist and managing director of CME Group, believes bitcoin is an “emerging competitor” to gold. In a CME-presented explainer video posted by Bloomberg on Wednesday, Putnam said the yellow metal’s ongoing production, likely to increase in 2021, contrasts with bitcoin‘s fixed supply. The World Gold Council estimates roughly 197,576 metric tonnes (217,790 […]Read More
Mohamed A. El-Erian, the chief economist at Allianz, said the Bitcoin price surging to a new all-time high at $38,000 could fuel an “interesting conversation.” El-Erian’s comment comes after the U.S. Capitol in Washington, D.C. was stormed on January 7. 52 people were arrested and multiple fatalities were recorded, according to reports. Following the event, […]Read More
CryptoSlate recently had the opportunity to chat with David Zacks, the Chief Compliance Officer of bitFlyer USA on the current state of crypto regulation in the United States. In his role at bitFlyer, David leads Risk, Compliance, Legal, and Regulatory Affairs. Prior to joining Bitflyer USA, David held various Compliance management roles at Airbnb, Auka, […]Read More
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