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Wednesday, October 4, 2017

Here's Another Sign Goldman Sachs Is Taking Bitcoin Seriously

Heres Another Sign Goldman Sachs Is Taking Bitcoin Seriously

Even as China shutters Bitcoin exchanges and the U.S. Securities and Exchange Commission signals heavier scrutiny of initial coin offerings, clients of trading giant Goldman Sachs are still to get in on the cryptocurrency trade.

According to the Wall Street Journal citing people with knowledge of the matter, the banking giant is reportedly considering a new trading operation involving cryptocurrency thanks to increased interest in digital currencies. Potentially, the operation under consideration could become a full-fledged team of traders and sales people.

Such an operation would make Goldman the first Wall Street giant to directly deal with cryptocurrency, according to the Journal.

“In response to client interest in digital currencies, we are exploring how best to serve them in the space,” a Goldman Sachs representative said in a statement.


Full story at http://for.tn/2hLcy0R


Source: Fortune


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