Bitcoin may help to identify the extent of money laundering - BlackRock

Larry Fink, Chief Executive Officer (CEO) of BlackRock, an American global investment management corporation, expressed his take on Bitcoin during his interview with Bloomberg.

Key Points:

Bitcoin (and other cryptocurrencies) may help to identify the extent of money laundering happening across the globe

"I am a big believer in the potential in what cryptocurrencies can do."

He said he saw "huge opportunities" but that presently the atmosphere around bitcoin was "more speculative."