Goldman Sachs Pivots From Bitcoin Trading Desk to Custody Service

Goldman Sachs has announced that it is shelving its proposed plan to open a Bitcoin trading desk due to the uncertainty of the industry’s regulatory landscape. Instead, the financial giant says it will focus its efforts towards developing robust solutions for cryptocurrency custody. Bank Says Regulatory Uncertainty to Blame for Decision According to Business Insider, […]

Continue Reading

Wall Street Cryptocurrency Trading is Imminent, Former J.P. Morgan Exec Says

Osato Avan-Nomayo · May 20, 2018 · 7:00 pm The cryptocurrency market continues to be a trending topic in the world of finance. However, the question remains; when will Wall Street banks begin crypto trading? The day is closer than we think, according to a former J.P. Morgan executive. Big Banks to Start Trading Cryptocurrency […]

Continue Reading

Goldman Sachs Opens Bitcoin to Institutional Investors

Adam James · May 14, 2018 · 11:00 am Goldman Sachs will help institutional investors bet on Bitcoin price — but what will it do to the cryptocurrency market?  Goldman Goes All In Following a slew of inquiries from hedge funds, foundations, and endowments benefiting from Bitcoin millionaires, Goldman Sachs has become the first regulated […]

Continue Reading