Goldman Sachs (NYSE:GS) has finally clarified that a cryptocurrency trading desk is not in its plans for the foreseeable future.
Some investors must feel downtrodden about this news. Let’s find out what’s going on.
Cryptocurrency Trading Desk? The Goldman Sachs Rumour Mill
The rumour mill has been churning for some months now; it was believed that Goldman Sachs had been making significant progress towards establishing a direct crypto trading desk.
But what started the chinese whisper?
Well, catalysts for the rumour go back to 2017 and began when the bank …
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.