Bitcoin Watch – Wall St’s first Bitcoin trading operation could be set up very soon

2 May, 2018

Goldman Sachs, one of the biggest names in finance, has announced it has set up a team at the bank to investigate options for buying and selling Bitcoin. While most banks have stayed away from trading the cryptocurrency, Goldman Sachs looks like it may go against this trend and be the first Bitcoin trading operation at a Wall Street bank. While other banks have referred to Bitcoin as speculative bubble, Goldman Sachs executive Rana Yared confirmed the bank does not, yet still does not have the characteristics of a currency.

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