Larry Fink

Larry Fink

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New Clarity Act draft prohibits stablecoin yield payments

The newest language on stablecoin yield in the Clarity Act restricts stablecoin yield and BlackRock CEO Larry Fink wrote in his annual shareholder letter about how tokenization and digital assets could fix the current financial system. CoinDesk's Jennifer Sanasie hosts CoinDesk Daily.

New Clarity Act draft prohibits stablecoin yield payments

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Sovereign Wealth Funds Were Buyers as Bitcoin Plunged: BlackRock's Larry Fink

The CEO of the asset management giant, whose IBIT is the largest of the spot BTC ETFs, said the state actors were buying not for a trade, but to hold for years.

Brian Armstrong and Larry Fink (David Dee Delgado/Getty Images)

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Coinbase CEO Armstrong Says Banks That Don't Adapt to Stablecoins Will Be 'Left Behind'

CEO Brian Armstrong said top banks are "leaning into this as an opportunity," signaling Wall Street’s quiet embrace of crypto infrastructure.

Coinbase CEO Brian Armstrong (Nikhilesh De/CoinDesk)

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BlackRock CEO Larry Fink Eyes Bigger Role in Tokenization

BlackRock CEO Larry Fink said the digital asset market, including stablecoins and tokenized assets, will grow "significantly" over the next few years

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)

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BlackRock CEO Larry Fink Says Further 20% Market Drop Is Possible

Fink, who spoke at the The Economic Club of New York on Monday, said that he still sees the current drawdown as a “buying opportunity.”

BlackRock CEO Larry Fink in New York in 2022 (Photo by Thos Robinson/Getty Images for The New York Times)

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Bitcoin Could Threaten Dollar’s Reserve Currency Status: BlackRock’s Larry Fink

In a letter to shareholders, the chairman of the world’s largest asset manager warned about the soaring U.S. debt and the possible competition that bitcoin poses to the U.S. Dollar.

Larry Fink, CEO of BlackRock, at a climate conference in Dubai in December 2024. (Getty Images)

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BlackRock’s Larry Fink: Bitcoin Is ‘Legitimate Financial Instrument'

The company's iShares Bitcoin Trust (IBIT) added roughly $4 billion in assets in the second quarter.

Larry Fink (Getty Images)

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BlackRock's Fink Says an Ether ETF Is Possible Even if ETH Is a Security

The BlackRock CEO isn't worried about the U.S. Securities and Exchange classifying Ethereum's ether as a security.

BlackRock CEO Larry Fink (Michael M. Santiago/Getty Images)

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Anthony Scaramucci Predicts Bitcoin to Hit at Least $170K Post Halving

Scaramucci also praised BlackRock CEO Larry Fink for “[doing] his homework” on bitcoin and changing his mind on the asset.

Anthony Scaramucci sees bitcoin soaring to at least $170,000 after the halving in April. (Shutterstock/CoinDesk)

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BlackRock CEO Larry Fink Backs Ether ETF

The asset management giant may now be looking to list an equivalent product for ether, the native token of the Ethereum blockchain, as part of its ongoing journey toward tokenization.

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)