Goldman Sachs will trade cryptocurrencies


CFO of Goldman Sachs Martin Chavez has denied the information that the company abandoned its plans to start trading cryptocurrencies. He stated this at the TechCrunch conference in San Francisco.

This week, news Agency, Business Insider reported that Goldman Sachs will not trade Bitcoin due to a lack of clear regulation of the cryptocurrency market. After this publication the course of all the leading digital asset began to decline sharply, however, it may be a coincidence.

According to Chavez, the Bank’s employees are not going to stop working on the creation of cryptocurrency derivatives, as they are in great demand. The company is also interested in the development of storage systems Bitcoin for institutional investors. Cryptocurrency experts believe that a combination of the two services (storage of crypto-currencies, and futures) will attract the attention of major investors and enhance the status of the market digital assets.

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