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Media: Goldman Sachs is considering entering the cryptocurrency market

Goldman Sachs, one of the world’s largest investment banks, is exploring the possibility of launching a custodian service for digital assets. This is reported by CoinDesk with reference to its own source.

According to him, the financial conglomerate issued a Request for Information (RFI), which at the end of 2020 was sent to at least one well-known player in the cryptocurrency storage space.

“Like JPMorgan, we have released an RFI for digital storage. We are studying the issue extensively and deciding what to do next, ”said the insider.

He noted that the initiative is part of a “wider digital strategy” and referred to a recent decision by the Office of the Comptroller of the Currency (OCC) regarding stablecoins.

Regarding the timing of the launch of services related to cryptocurrencies, the interlocutor of the publication replied that the bank’s plans “will become apparent in the near future.”

Earlier, Goldman Sachs allowed the release of its own stablecoin.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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