What is the relationship between BlackRock and the control of digital currencies?

1 answers

• Dec 27, 2021 · 3 years ago
  At BYDFi, we believe that BlackRock's interest in digital currencies is a positive sign for the industry. Their involvement brings credibility and mainstream attention to the space. While BlackRock does not directly control digital currencies, their actions can influence market sentiment and investor confidence. As a leading asset management firm, BlackRock's support for blockchain technology and investments in crypto-related companies further validate the potential of digital currencies. However, it's important to note that the control and regulation of digital currencies are primarily the responsibility of governments and regulatory bodies. BlackRock's role is more of an influential player in the market rather than a controlling entity.
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