By Jamie G - Crypto Expert - 10/04/2021
The organisation remains committed to meeting the needs of its clients and maintaining available crypto services. The bank will assist clients in establishing custody roles for digital properties.
David Solomon, CEO of global investment bank Goldman Sachs, recently shared his thoughts on cryptocurrency regulation, suggesting he expects it to evolve significantly.
As a result, the interview with CNBC this week focused on cryptocurrency legislation and its consequences. Solomon said that it "is a space that's evolving" in this regard. His thoughts forecasted a significant evolution of how this will manifest in the coming years.
In discussing his vision for the future of investing in cryptocurrency, the CEO emphasized Goldman Sachs' support for these improvements. He also said that the bank is still concentrating on how to support its clients' demand for cryptocurrencies.
Moreover, he said they were thinking about digital currencies and the digitisation of money constructively. This is because Goldman Sachs' clients have a strong demand for this type of assistance. According to the CEO, the bank will continue to work to meet the needs of its customers.
In this regard, Goldman Sachs has recently reopened its Bitcoin (BTC) trading desk. It intends to include a "broad range" of Bitcoin investments with it. Aside from that, the bank plans to incorporate digital assets into its wealth and crypto asset management services. The shift follows a significant increase in demand for Bitcoin and other cryptos from both companies and traders.