According to Coinotag, BlackRock CEO Larry Fink and Coinbase CEO Brian Armstrong discussed Bitcoin's growing institutional adoption and regulatory progress during the New York Times DealBook Summit. They emphasized 2025 as a pivotal year for crypto regulation, with the Genius Act and bipartisan market-structure bills advancing to the Senate. Fink, who once viewed Bitcoin skeptically, now sees it as a significant asset class, while Armstrong described it as 'digital gold' that thrives in uncertain times. Institutional inflows into Bitcoin ETFs have exceeded expectations, and tokenized assets could represent up to 10% of global GDP by 2030, according to Boston Consulting Group estimates. The previous administration's policies were criticized for stifling the industry, but advocacy groups like Fairshake raised over $78 million in 2024 to support pro-crypto candidates.
BlackRock and Coinbase Executives Highlight Bitcoin's Mainstream Potential in 2025 Regulation Shift
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