Goldman eschews bitcoin but wants to help clients crypto-trade
Thursday, 30 November 2017 NEW YORK (Reuters) - Goldman Sachs Group Inc is trying to figure out how to cater to investors who want to trade bitcoin even though the digital currency remains too volatile for the Wall Street bank to trade itself, according to comments by a representative and its chief executive officer on Thursday.
Nov.30 -- Lloyd Blankfein, chairman and chief executive officer at Goldman Sachs, and Michael R. Bloomberg, founder and majority owner at Bloomberg LP, examine the merits of Bitcoin and the future of cryptocurrencies. They speak with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas."
Online bank founder and german businessman Radoslav Albrecht
stated that they will use Bitcoin to facilitate international money transfers.
Albrecht says that Bitbond’s use of cryptocurrency will.. Source: Wochit -
Both Warren Buffett and Bill Gates have openly expressed their doubts about Bitcoin. But institutions like Goldman Sachs and the New York Stock Exchange are doubling down on the cryptocurrency,.. Source: GOBankingRates -
Both Warren Buffett and Bill Gates have openly expressed their doubts about Bitcoin. But institutions like Goldman Sachs and the New York Stock Exchange are doubling down on the cryptocurrency,.. Source: Cheddar Inc. -
NEW YORK CITY— While most banks shy away from cryptocurrency, one of the world's most well-known financial institutions is all set to bring it to Wall Street.
The New York Times reports that.. Source: TomoNews US -
NEW YORK (Reuters) - Bitcoin rose to a six-week high on Tuesday on positive headlines that included the possible entry of major financial institutions into the space, lifting sentiment on the overall.. Source: Wochit Business -