Goldman Sachs (American multinational investment bank & financial services company) to Launch a Bitcoin Trading Desk
Goldman Sachs is planning for the launching of a new cryptocurrency market on Wall Street by providing Bitcoin futures contracts, a decision that could make stronger institutional adoption of digital assets.
In a move that is likely to lend legality to virtual currencies, the bank is not far from using its own cash in trading with clients in a diversity of contracts associated to the cost of Bitcoin, The New York Times reports.
Goldman Sachs has been alleged to have been set up to have a cryptocurrency trading desk since previous December, but spokespeople and executives claimed that those statements were counterfeit. Recently, on April 23 when the bank employed cryptocurrency trader Justin Schmidt, the bank indicated that it had “not hit a conclusion on the capacity of digital asset offering.
[Video] Goldman Sachs Launching Bitcoin Futures Trading Operation Within Weeks - Bitcoin News
Great information, very complete and focused, we have learned new things. Thanks for sharing, we liked it.
Thanks @gotsummerpl You are welcome again.
A news that almost every crypto-enthusiast has been yearning to hear!! Since their origin, cryptos have been a consistent subject of discourse inasmuch as their legality is concerned. A number of regulatory institutions and governments banned their usage, cast numerous aspersions on their viability as currency, and sought to demean them as those have been the real threat to the established global finance.
Accreditation from renowned institutions, such as Goldman, would obviously prove the last nail in the coffins of doubts, ushering an era of regulated crypto-finance.
@gondal I do agree 100%. Even huge companies can no longer be left behind. Thanks for comment.