Goldman Sachs CEO believes Bitcoin regulations are set for a ‘big evolution’
Goldman Sachs CEO David Soloman has forecast a big evolution in how the U.S. government regulates cryptocurrency.
Goldman Sachs CEO David Soloman has forecast a big evolution in how the U.S. government regulates cryptocurrency.
John Waldron said the investment management firm would “continue to evaluate” and “engage on” crypto for customers.
Goldman Sachs’ Gary Black closed his TSLA position after the company purchased $1.5B in BTC, dodging a 28% crash. Now he’s calling for the company to dump Bitcoin for share buybacks.
Bullish maneuvers from MicroStrategy, Goldman Sachs and Citigroup are just a few of the factors backing Bitcoin’s rally back to $50,000.
Blankfein misrepresented bitcoin’s traceability and falsely claimed users are blind to their counter-parties.
The CEO of Goldman Sachs believes regulators will not be able to monitor the financial system if Bitcoin is allowed to flourish in its present form.
According to a Goldman insider, the investment bank will leap into crypto custody soon.
Goldman, JPMorgan and Citi are all said to be looking at crypto custody.
The crypto trading platform is also considering the possibility of a merger with a special purpose acquisition company, according to Israeli newspaper Calcalist.
The exchange’s ties to Goldman Sachs go all the way back to Fred Ehrsam, who co-founded Coinbase in 2012 with Brian Armstrong.