BlackRock CEO Larry Fink publicly stated that he hopes to actively cooperate with regulators to relieve their concerns about spot Bitcoin ETFs. At the same time, he also said that Bitcoin (BTC) has the function of "digital gold". (Reviewing BlackRock’s statement) Changpeng Zhao (CZ), the founder of Binance, and the founder of the American exchange Gemini both believe that traditional finance is finally following suit.
Binance founder Changpeng Zhao: They are starting to join
BlackRock's application to the SEC for a Bitcoin spot ETF did not go as smoothly as expected. On 6/30, it was reported that the SEC believed that its information was insufficient, causing Bitcoin to fall. However, BlackRock CEO Larry Fink publicly stated today that he would actively cooperate with the SEC to allay concerns.
Binance founder Changpeng Zhao said in response to the news: Then they start to join you.
Many early stage players will have similar thoughts when they see traditional financial players changing their attitude towards cryptocurrencies. Like something I recognized very early on, traditional finance has finally caught up.
Then they join you.
— CZ Binance (@cz_binance) July 5, 2023
Gemini founder: They laughed at you at first, then joined in
Gemini co-founder Tyler Winklevoss retweeted BlackRock CEO Larry Fink’s video: “First they ignore you, then they laugh at you, then they join you.”
The video title of Larry Fink’s interview is “BlackRock Larry Fink wants regulators to democratize cryptocurrency approach to spot ETF applications.”
First they ignore you, then they laugh at you…then they join youpic.twitter.com/UNqdGVB4Sn
— Tyler Winklevoss (@tyler) July 5, 2023
Bitcoin 5800, BlackRock in 2017: Bitcoin is a Money Laundering Indicator
Chain News reviewed BlackRock’s CNBC report in 2017, when Bitcoin was $5,800. BlackRock CEO Larry Fink said in an interview that Bitcoin just shows you how big the demand for money laundering is in the world. That's all.
In 2023, Bitcoin reaches 30K, and BlackRock CEO Larry Fink is being interviewed to request regulators to release Bitcoin spot ETFs:
This article BlackRock’s Larry Fink changed his claim that Bitcoin is similar to digital gold, Binance Changpeng Zhao: They are starting to join in. appeared first on Chain News ABMedia.
