{"id":55974,"date":"2021-04-11T09:00:50","date_gmt":"2021-04-11T09:00:50","guid":{"rendered":"https:\/\/www.cryptocabaret.com\/?p=55974"},"modified":"2021-04-11T09:00:50","modified_gmt":"2021-04-11T09:00:50","slug":"goldman-sachs-predicts-big-evolution-coming-to-cryptocurrency-regulation","status":"publish","type":"post","link":"https:\/\/www.cryptocabaret.com\/?p=55974","title":{"rendered":"Goldman Sachs Predicts \u2018Big Evolution\u2019 Coming to Cryptocurrency Regulation"},"content":{"rendered":"

\"Goldman<\/p>\n

Goldman Sachs CEO David Solomon foresees \u201cbig evolution\u201d coming to cryptocurrency regulation as demand for bitcoin from clients continues to rise. He says that Goldman will \u201ccontinue to find ways to serve our clients as we move forward.\u201d<\/strong><\/p>\n

Crypto Regulation Will Experience \u2018Big Evolution,\u2019 Says Goldman Sachs\u2019 Chief<\/h2>\n

David Solomon, the CEO of global investment bank Goldman Sachs, shared his view on cryptocurrency regulation in an interview with CNBC this week.<\/p>\n

Regarding the regulation for bitcoin and other cryptocurrencies, the Goldman Sachs executive said he thinks that cryptocurrency \u201cis a space that\u2019s evolving,\u201d predicting:<\/p>\n

\n

I think there\u2019ll be a big evolution as to how this evolves in the coming years.<\/p>\n<\/blockquote>\n

Emphasizing that his company operates within the rules set by regulators, the Goldman Sachs CEO noted: \u201cI\u2019m not going to speculate on where the rules will go for regulated financial institutions, but we\u2019re going to continue to find ways to serve our clients as we move forward.\u201d<\/p>\n

Solomon detailed that Goldman Sachs is focused on how to support demand from clients for bitcoin and other cryptocurrencies. \u201cWe continue to think about digital currencies and the digitization of money in a very proactive way,\u201d he opined, mentioning specifically that his firm \u201ccan help clients facilitate custody positions in digital assets.\u201d<\/p>\n

<\/ins> <\/ins> <\/p>\n

The Goldman Sachs chief reiterated: \u201cAs our clients have demand to be involved in this space we can continue to find ways to support our clients \u2026 That\u2019s the lens that we\u2019re really looking through.\u201d Solomon clarified:<\/p>\n

\n

There are significant regulatory restrictions around us and us acting as a principle around cryptocurrencies like bitcoin.<\/p>\n<\/blockquote>\n

Goldman Sachs recently brought back<\/a> its bitcoin trading desk and will be offering<\/a> a \u201cfull spectrum\u201d of bitcoin investments. The firm is seeing huge<\/a> institutional demand for bitcoin.<\/p>\n

Do you agree with Goldman Sachs\u2019 CEO about regulatory evolution coming to the crypto space? Let us know in the comments section below.<\/strong><\/em><\/p>\n

Powered by WPeMatico<\/a><\/small><\/p>\n","protected":false},"excerpt":{"rendered":"

Goldman Sachs CEO David Solomon foresees \u201cbig evolution\u201d coming to cryptocurrency regulation as demand for bitcoin from clients continues to rise. He says that Goldman will \u201ccontinue to find ways to serve our clients as we move forward.\u201d Crypto Regulation Will Experience \u2018Big Evolution,\u2019 Says Goldman Sachs\u2019 Chief David Solomon, the CEO of global investment […]<\/p>\n","protected":false},"author":2,"featured_media":55975,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[309],"tags":[],"class_list":["post-55974","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/55974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55974"}],"version-history":[{"count":0,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/posts\/55974\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=\/wp\/v2\/media\/55975"}],"wp:attachment":[{"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptocabaret.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}