$96,899.00
2.49%$1,803.51
1.86%$2.13
0.36%$599.56
0.21%$146.90
2.06%$0.999903
-0.01%$0.17143
1.99%$0.664909
1.16%$0.248212
1.66%$1,801.29
1.87%$96,676.00
2.24%$3.32
5.14%$13.71
2.11%$19.40
-0.64%$8.71
-0.13%$0.258923
0.37%$0.999897
0.00%$3.01
1.12%$2,160.80
1.45%$0.00001268
2.39%$0.175218
1.45%$360.08
1.18%$20.92
3.14%$88.88
4.88%$3.93
1.29%$0.999542
-0.06%$1,803.62
1.96%$278.83
-1.56%$4.21
-0.95%$1.001
0.05%$96,958.00
2.48%$28.61
1.40%$0.580807
1.51%$1,919.00
1.61%$0.00000824
6.49%$360.75
1.08%$50.64
0.29%$4.75
2.32%$4.82
0.72%$1.00
0.00%$1.051
0.01%$2.26
0.46%$0.863968
3.25%$0.091119
6.33%$21.08
0.25%$170.38
0.17%$16.00
1.99%$4.56
1.01%$0.709742
0.65%$0.09157
4.07%$29.84
0.39%$10.88
1.51%$4.16
0.38%$0.999087
-0.13%$0.02463214
1.98%$1.17
-0.02%$96,304.00
2.05%$0.216638
3.68%$4.34
0.96%$4.14
2.96%$0.66587
3.04%$2.56
2.05%$0.197264
2.25%$0.503827
1.78%$0.266184
2.31%$0.998273
0.10%$4.11
1.41%$2.43
5.58%$0.305002
2.36%$10.78
0.27%$0.879135
18.51%$96,706.00
2.34%$88.83
5.26%$0.00001663
2.52%$0.916129
3.64%$0.0191779
2.51%$1,491.68
4.51%$1.24
0.39%$0.424224
4.06%$0.794315
18.76%$154.07
2.02%$0.072469
2.00%$1,802.91
1.92%$1.00
-0.02%$1,870.60
1.15%$3.80
9.12%$0.197923
2.79%$0.990448
-2.89%$0.589694
-0.75%$0.528402
2.17%$9.52
6.57%$0.998735
-0.19%$0.661699
3.02%$1.35
-4.33%$0.090043
3.55%$0.999651
0.00%$2,042.56
1.73%$3,369.58
-2.11%$14.36
-4.57%$3,374.24
-2.10%$0.999931
0.01%$0.207441
8.64%$96,648.00
2.30%$599.09
0.20%$189.73
2.45%$162.37
2.08%$96,601.00
2.62%$0.01538429
4.71%$95,345.00
1.28%$0.00007571
3.48%$36.36
2.77%$0.71266
5.37%$0.710615
0.42%$2.42
5.34%$0.768746
2.92%$0.550465
3.08%$0.00000069
1.06%$1,922.58
2.03%$0.01084667
0.00%$3.74
2.46%$0.01507356
3.61%$0.271388
2.87%$0.998349
0.03%$40.34
11.33%$2.02
3.47%$0.108594
1.42%$0.998791
-0.00%$1.097
0.44%$17.67
3.63%$0.366075
1.85%$1,887.80
1.71%$0.534357
3.25%$0.016616
5.76%$0.555779
4.92%$0.294817
4.30%$1.61
5.12%$3.21
2.92%$0.052831
12.92%$110.97
0.01%$1,884.64
1.82%$0.99937
0.13%$95,981.00
0.29%$96,789.00
2.47%$0.134524
3.52%$0.604226
6.47%$0.999902
-0.03%$0.00520812
0.33%$0.065761
-3.02%$0.00823567
2.33%$0.999903
-0.01%$0.430212
-1.02%$96,301.00
2.02%$0.491393
2.21%$0.380447
0.74%$6.81
4.81%$0.171208
1.89%$94,336.00
7.87%$1.24
1.43%$0.557861
3.06%$15.29
3.91%$0.439122
17.43%$1,803.72
1.97%$0.00002096
3.67%$0.00000042
1.25%$1.49
1.25%$1.085
-0.01%$0.99971
0.13%$1.63
10.10%$0.160901
-3.51%$0.127887
2.24%$0.150124
-2.37%$5.58
7.00%$0.155381
-4.24%$1,921.97
1.98%$0.482974
3.75%$1,804.00
2.00%$0.00722199
3.41%$0.00545228
3.09%$1,803.67
1.96%$2.32
3.26%$0.03886332
2.95%$1,802.14
1.45%$1,839.04
2.08%$0.071931
2.38%$0.077848
4.59%$1.003
0.42%$32.28
1.26%$2.97
5.66%$0.216661
3.71%$21.35
-0.44%$38.63
3.38%$0.36518
9.29%$0.01785154
2.81%$0.356918
-6.04%$0.170572
2.61%$0.03426193
1.11%$0.00399908
1.87%$1.26
-2.48%$1.34
48.56%$0.999109
-0.11%$0.0000586
1.97%$0.761529
2.31%$0.999469
-0.02%$1.00
0.04%$1.001
0.09%$0.485617
2.17%$96,861.00
2.44%$0.00000077
27.47%$0.664888
4.05%$0.00000146
-2.11%$0.65241
4.41%$20.95
3.49%$0.290323
-0.69%$1,789.10
1.84%$96,164.00
2.20%$3,369.22
-1.55%$0.25563
6.21%$1.00
-0.01%$108.10
1.50%$0.00277769
9.82%$1.32
-22.69%$0.03168198
8.94%$0.218671
2.57%$2.41
2.62%$19.40
-0.35%$1.099
0.12%$0.1883
2.90%$21.23
2.51%$0.519257
2.91%$0.447169
-1.99%$1,906.48
1.47%$0.252607
3.13%$2.66
-4.29%$1,945.76
2.52%$3.06
3.21%$0.120525
-7.82%$1.53
1.34%$0.998978
-0.78%$1,979.28
1.81%$0.999795
0.01%$96,750.00
2.94%$0.03499832
0.79%$0.0027155
8.17%$14.54
3.09%$1,964.24
1.94%$1.13
-0.48%$0.218184
4.01%$0.01195306
3.44%Reading
Goldman Sachs CEO David Solomon has said that he thinks the BitcoinBitcoin and digital currency world will soon experience a “big evolution,” particularly regarding regulations in the United States.
The head of one of the world’s biggest banks made the comments today during an interview with CNBC. He didn’t reveal much about what Goldman Sachs was doing when it comes to Bitcoin, suggesting that the current regulatory landscape in the US prevents the bank from doing so. But Solomon did make it clear that Goldman is keeping a close eye on crypto—due to growing client demand.
"There are significant regulatory restrictions around us and us acting as a principle around cryptocurrencies like #bitcoin," says $GS CEO David Solomon. "As our clients have demand to be involved in this space we can continue to find ways to support our clients." pic.twitter.com/plRxHqmbsI
— Squawk Box (@SquawkCNBC) April 6, 2021
“We continue to think about digital currency and the digitization of money in a very proactive way,” he said, adding that there are “significant regulatory requirements” concerning a move towards handling cryptocurrencies. Goldman Sachs plans to begin offering Bitcoin investment products to its wealth management clients, and it recently announced the reopening of its cryptocurrency trading desk.
When asked if he would like to act as a principal with crypto services, and whether lobbyists in D.C. are having any luck getting “the rules changed” that prevent Goldman from doing so, he said: “I think that this is a space that is evolving, this is a space that we’re trying to be responsive to our clients. I think there will be a big evolution with how this evolves in the coming years.”
He added that the bank was engaged with its clients and paying attention to regulations to see how to move forward.
Regulations regarding Bitcoin and other cryptocurrencies remain complicated, as different government agencies pursue competing and sometimes contradictory positions on these assets. The SEC, for example, regulates the trading of securities and claims authority over most Ethereum-based tokens that were sold in the US as a way to raise funds for startups. The CFTC oversees the market for Bitcoin derivatives, such as futures and options contracts on exchanges like Bakkt and CME.
Digital asset market-making firm GSR has appointed Trey Griggs as CEO of GSR Services USA, which is a subsidiary division of GSR’s global operation. In the early days of his career, Griggs worked at Goldman Sachs’ J. Aron division alongside GSR founders Cristian Gil and Richard Rosenblum. He spearheaded the bank’s North American Energy Risk Management activities and established the Houston based Commodities Sales & Trading Office, which he led from 2011 to 2015. Trey Griggs’s previous experienc...
Goldman Sachs will in one way or another expose its clients to Bitcoin. The firm last month filed an SEC application for a new investment product that tracks the ARK Innovation ETF—which is invested in the Grayscale Bitcoin Trust.
The bank is the latest institution to express an interest, even if still cautious, in digital assets. Major banks have differing opinions on decentralized cryptocurrencies and are careful on how to approach and invest in them.
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Strive Asset Management, a financial services firm co-founded by Republican Ohio gubernatorial candidate Vivek Ramaswamy, unveiled plans on Wednesday to become a Bitcoin treasury company and list on the Nasdaq through a merger with Asset Entities. Strive said in a press release that its merger with Asset Entities, a tech firm specializing in social media marketing and content delivery, will enable the Dallas, Texas-based firm to “build a Bitcoin war chest in a minimally dilutive manner to common...
Billionaire investor Tim Draper argued that businesses who have yet to purchase Bitcoin for their corporate treasuries are “being irresponsible.” Speaking at the Financial Times Digital Assets Summit, the prominent Bitcoin bull argued that “everybody ought to have some Bitcoin,” noting that “governments are recognizing that Bitcoin should be in their treasury.” Draper, who remains “optimistic” that Bitcoin will hit $250,000 by the end of 2025, added that he hopes to have a fund “in the next five...
Ethereum layer-2 startup Movement Labs has cut ties with co-founder Rushi Manche, capping a turbulent week of governance scandals, market maker fallout, and mounting community pressure. “Movement Labs has terminated Rushi Manche. Movement will continue under different leadership,” the team posted early Wednesday on X. Within minutes, the platform announced the launch of Move Industries, a new company rising from the wreckage of the project. The new team described the shift as a return to “crypt...
