BlackRock CEO Links Cryptocurrencies, Money Laundering

The transcript discusses BlackRock's involvement with blockchain technology, highlighting their private blockchain initiative, Aladdin. It explores the potential and speculative nature of cryptocurrencies, noting their use in money laundering. The conversation shifts to the idea of a global digital currency, emphasizing its benefits and risks, particularly cybersecurity concerns. Finally, it addresses the lack of institutional demand for digital assets, viewing them as speculative and venture capital-like.

What is BlackRock's perspective on the potential of cryptocurrencies?

How does BlackRock view the relationship between digital currencies and money laundering?

What concerns does BlackRock have regarding a global digital currency?

What is the current demand from BlackRock's clients regarding digital assets?

In what context does BlackRock see cryptocurrencies being used?