Follow Us

Header Ad

Latest Posts

Categories

The head of Goldman Sachs predicted a “major evolution” of the cryptocurrency market


The current regulation of the cryptocurrency industry limits the ability of banks to work with digital assets, but this will change over time. This was announced by the CEO of the investment bank Goldman Sachs David Solomon on the air of CNBC.

According to him, the crypto market will continue to develop due to the growing demand of users.

“I think there will be a major evolution in the coming years. I will not speculate about exactly what changes will take place. But we are working within the existing rules and will look for ways to further serve customers, ”said Solomon.

The CEO of Goldman Sachs added that the bank is closely monitoring the digital asset space:

“We continue to actively think about digital currency and digitalization of money based on the wishes of our customers,” he said.

Recall that in early March, Goldman Sachs restarted the work of the department of client operations with cryptocurrencies.

Later, the bank announced its intention to open access to investment instruments based on bitcoin in the second quarter of 2021.

Subscribe to ForkLog news on Telegram: ForkLog Feed – the entire news feed, ForkLog – the most important news, infographics and opinions.

Found a mistake in the text? Select it and press CTRL + ENTER



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.

    Leave Your Comment

    Your email address will not be published.*

    Forgot Password