Even Goldman Sachs are not yet ready for Bitcoin. According to anonymous sources, puts investment plans on opening a trading platform for cryptocurrency. The reason is the lack of a clear regulatory laws around digital assets. About it writes .
theGoldman Sachs does not leave the industry completely, still inside the Bank custody solution for large captainvalor. Plans for own crypto currency exchange has been postponed, but not canceled.
Recall that the first information about the establishment of trading platforms at Goldman Sachs was made in early summer. Over the past few months analysts of the investment Bank actively studied the rapidly growing industry of crypto-currencies. However, recently the speaker of Goldman Sachs made a disappointing statement.
In response to the requests of our clients about digital assets — we are still exploring the practical application of Bitcoin in Finance. At the moment, our team of analysts has not yet come to a consensus on this issue.
For the First time Goldman Sachs is officially the interest in the stock market in October of last year. Then the news of the publication of the Bank reported on the establishment of a special working group for the study of crypts. The case moved from the dead point in December — representatives of Goldman Sachs announced the creation of a proprietary trading platform for Bitcoin June.
In April, the personnel Department of the institution has hired Justin Schmidt, who took over as head of the research Department digital assets. Prior to that, Schmidt worked as a trader in a hedge Fund Seven Eight Capital.
A month Later, things went not so smoothly — Goldman Sachs reported some problems with financial regulators. According to Schmidt, the investment Bank needed permission from the Federal Reserve Bank to open the trading platform. The representative of the FRB, Lail Brainard noted that Bitcoin has good prospects. However, before the development of cryptocurrencies are formidable — it's too high volatility and numerous cases of money laundering.
Statement of Goldman Sachs seriously by the stock market — over the past day it has lost nearly $ 40 billion capitalization, and the Bitcoin dropped to 6400 dollars.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
Hacker 1337. How to hack Etherscan not to cause any harm
Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...
BitcoinDark grew by 470 percent during the day. Perhaps it is associated with Bitconnect
In the last week the token BitcoinDark (BTCD) increased by 494 per cent, while the largest growth occurred on September 4, then the coin has risen 470 percent to $ 68. The maximum rate was recorded at the exchange Poloniex, writes...
Cryptocurrency Paradise: six countries with the largest number of hontarov
There are many concerns about the low level of adoption of the cryptocurrency. A recent study by Statista shows that the popularity of digital assets in different countries is not so limited. Analysts have made a rating of the six...
Bees against honey: acne Buterin did not rule out a fall in the price of Ethereum to zero
Yesterday acne Buterin unexpectedly called blackany Bitcoin and Ethereum «terrible» during the discussion with the famous Jameson shirobana Loppem. Co-founder of Ethereum, believes that both cryptocurrencies seriously ne...
Lawyer John van ridge has created the most comprehensive to date library white paper cryptocurrency projects. Resource, which contains 1.6 thousand documents, which will allow businesses to better explain to the investor the benef...
It's not so bad: cryptocurrency may be more stable than Fiat
against the background of global changes in the world economy, developing countries in South America, Africa and Eastern Europe are faced with the economic crisis. Massive inflation of national currencies raises questions about th...
Hasrat Cash, Bitcoin fell again. Experts warn about the danger of attack 51
Over the past few weeks, Hasrat Bitcoin Cash plummeted, now it is no more than 8 percent of Bitcoin. Vice President Blockstream Warren a Tog warns holders coins on the significant risk of attack 51. About it writes . the Should yo...
In Russia will start issuing certificates to capturadora. How to get it?
the Russian Association of cryptocurrency and blockchain (RAKIB) approved the criteria which will be evaluated competence cryptocurrency traders. To undergo voluntary testing and to obtain a certificate of professional skills for ...
Unfair trading: Bithumb caught in the intentional creation of fake trading volumes
Recently, the players of the stock market noticed a suspicious increase in trading volumes on the stock exchange Bithumb. Analyst Alex Kruger suggested that the South Korean stock exchange may be implicated in the Commission of fi...
Expert opinion: Bitcoin in 99 percent of cases will succeed
one may criticize the cryptocurrency, but the discussion in their prices caused the interest of even the notorious enemies of Bitcoin. gathered some of the most popular opinions about the new fall season will bring in the stock ma...
Bitcoin firmed above $ 7300 — what happens next? Answers graphs
In August, Bitcoin is showing signs of stability that the stock market was not from the beginning of 2017. Over recent weeks, the cryptocurrency is trading above 7200 dollars. Analysis of Bitcoin prices spent . the When you start ...
Who has the most approved blockchain patents? Unexpected statistics
Chinese Internet giant Alibaba has become a leader in the number of patented technologies in the field of blockchain — the company accounts for 10 percent of all inventions in this area in 2017. This writes with reference to the s...
Bitcoin continues to rally. What will be the course by the end of the week?
Today, the Bitcoin continues to rise is the first cryptocurrency reached $ 7377. According to the interviewed analysts, the coin will grow in the coming days. According to the analyst of "Alpari" Vladislav Antonov, the bullish pha...
What is Callisto and how the team will forever change the security of smart contracts
In the Russian segment of YouTube's released a barrage of commercials about the coin Callisto (CLO). However, the bloggers failed to disclose until the end of the idea of the coin and its potential. Partly this is the fault of the...
How much was stolen, the company that "discovered" the Russian cruiser gold? The police response
South Korean police revealed the amount of funds invested by investors in a fraudulent company Shinil Group. Latest from the bottom of the Russian cruiser "Dmitry Donskoy" with several tons of gold on Board. The sum is impressive ...
Google has added the Ethereum blockchain to their platform. Why is it important?
a Few days ago in the company's official blog there was a post with the analysis of peculiarities of work with the data in the blockchain of Ethereum. It turns out that to extract the necessary information from the blockchain is n...
Scammers will not pass: in the Firefox browser appears protected from the hidden mining
the owner of the Mozilla Firefox browser will soon release an update with a built-in protection feature is a hidden mining. About it writes . the What will happen to mining on smartphones and computers According to the Vice-Presid...
Tom Lee: the fed Ethereum will lead to the growth of Bitcoin
Tom Lee believes that the futures Ethereum will create the opposite trends in the price movements of the two most famous cryptocurrency. My point of view the analyst supports the fall of Bitcoin just after futures on the coin appe...
more recently, the Bitcoin Gold went missing from the exchange Bittrex. All anything, altcoins of delisted from the exchange almost every day. However, the team of bitcoin has gone on a decisive step — the developers accused of ex...
Comments (0)
This article has no comment, be the first!