Goldman Sachs new crypto business is looking to go “further than ever before”

Author: Eamonn Sheridan | Category: Cryptocurrency

Details are sparse on this but the bank is looking to expand its efforts in distributed ledger technology.

Furthering integration of digital assets / blockchain / distributed ledger technology, capital markets, and financial services. This will be separate to GS existing business that trades cryptocurrency derivatives.

Speculation this will be Goldman Sachs answer to the JPM Coin (JPMorgan's digital asset which is intended to simplifying international transactions with its wholesale clients)

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While we are on crypto - BTC update:

Details are sparse on this but the bank is looking to expand its efforts in distributed ledger technology.

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