Isabelle Mateos Lago, senior strategist to work with multi-assets at BlackRock, the company under which management are total assets of 5.7 trillion dollars, said that her company is carefully watching the development of Bitcoin.
Speaking at the Bloomberg TV channel on Monday, January 29: senior Executive Director stated that although bitcoin is not an “investment asset” for her company in the present time, it actively monitors the progress, because bitcoin “is clearly evolving very quickly.”
Comments Isabel interesting in particular the fact that BlackRock CEO Larry Fink last week at the world economic forum in 2018 described the cryptocurrency industry as “the index of the laundering of money” and said that he had no plans to work with the bitcoin ETF .
Clearly, Isabel is not entirely shares this view:
The fact that the interest in the asset remains in spite of all these numerous hacker attacks; despite all the attempts of regulators to exclude the possibility for the illegal use of cryptocurrencies, this industry is actively developing, which means her do something against it.
Approach “not now, but later” resonates with the opinion of the head of the investment office at Deutsche Bank Markus Mueller, who told Bloomberg that, for now, cryptocurrency is the field of speculative investors, but in five years or ten progress in the field of regulation will make them normal assets.
Isabelle Mateos Y Lago, global chief of multi-asset strategist at BlackRock Investment Institute, says Bitcoin isn’t investable “at this stage” https://t.co/1808eRwzNO pic.twitter.com/8jgKsUH9Jg— Bloomberg TV (@BloombergTV) January 29, 2018
Isabel, in General, confirms this opinion:
There are many ways to enter; the question is, are they safe?
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