Goldman Sachs is waiting to throw its hat in the cryptocurrency ring until the U.S. government gives the asset a thumbs-up,
American Banker reports. At the DTCC conference this week, Martin Chavez, global co-head of the securities division at Goldman,
outlined that we shouldn’t expect to see the investment bank get more involved with crypto until it has solid backing. Continue reading ‘Super Interesting’ Bitcoin Needs US Govt Backing Before We Support Crypto: Goldman Sachs
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Wall Street is Backing Out of Crypto
Wall Street is quietly moving out of the crypto market, Bloomberg reports. While the market has continued to be battered by news of fraud and imminent regulatory crackdowns, there was a time when it seemed like Wall Street had started to warm up to the rise of crypto assets. Continue reading Wall Street is Backing Out of Crypto