During the meeting of shareholders of the investment bank Goldman Sachs, its CEO David Solomon spent a lot of time on cryptocurrency issues.
According to Solomon, the bank, due to regulatory requirements, is not yet able to provide customers with the ability to trade bitcoin with physical delivery. Also, Goldman Sachs has no plans to create and launch its own cryptocurrency wallet. However, the area of digital assets is extremely interesting for the bank’s management, as “it is important for the future of financial systems.”
“The central banks of various countries are researching the topic of digital currencies, working on applying this technology to local markets and determining the long-term implications of using cryptocurrencies for global payment systems. Considerable attention is paid to cryptocurrencies such as bitcoin, as market participants often use it as a means of storing wealth, ”said David Solomon.
The CEO of Goldman Sachs also answered the question of how the bank plans to take advantage of the boom in the cryptocurrency market. He said that the bank’s management plans to provide tools for working with cryptocurrencies to institutional clients, but there are no plans to develop their own cryptocurrency wallet yet.
In early April, it was reported that Goldman Sachs clients will have the opportunity to invest in bitcoin in the coming months.
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