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PARAGRAPHBillionaire private equity titan David Rubenstein told CNBC on Thursday he believes cryptocurrencies will remain a part of the financial landscape for years to come, dismissing concerns that the burgeoning asset class is a fad destined to fade away. The private equity titan said he's personally invested in companies.
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'Cryptocurrency is not going away,' says Carlyle's David RubensteinBitcoin had an unprecedented tumble in late and has yet to recover. In addition to this sharp decline, there is much discussion about the. But despite ongoing reservations by regulators and lawmakers about the safety and utility of crypto assets. After once seeming as if it might threaten to remake the entire financial system, crypto has gone through a spectacular decline. The market.
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