Goldman Sachs relaunches its crypto trading desk

Tuesday 2 March 2021 12:12 CET | News

Investment bank Goldman Sachs has relaunched its cryptocurrency trading desk after a three-year hiatus and plans to support Bitcoin. 

According to Reuters, the desk is part of a broader push into digital assets that may see Goldman attempt to stage a Bitcoin exchange-traded fund.

The bank had originally planned to launch a cryptocurrency desk in 2017 but shelved those plans in 2018 due to regulatory concerns.

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Keywords: cryptocurrency, Bitcoin, trade finance
Categories: Blockchain & Cryptocurrencies | Cryptocurrencies
Countries: United States
This article is part of category

Blockchain & Cryptocurrencies