Goldman Sachs CEO Expects Big Evolution Of Us Crypto Regulation

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Goldman Sachs CEO David Solomon in an interview CNBC predicted a “big evolution” in the regulation of cryptocurrencies in the United States. Currently, financial institutions, according to Solomon, cannot offer clients direct access to volatile and risky asset classes such as cryptocurrencies. The head of Goldman Sachs believes that this situation will change over time, writes RBC Crypto.

 

“I think there will be a big evolution. We work according to the rules we have, and I’m not going to speculate about what the new rules might be to regulate the activities of financial institutions, but we will continue to look for ways to serve our customers, ”explained David Solomon.

 

The CEO of Goldman Sachs also added that the bank is still monitoring the cryptocurrency sector amid growing customer demand for digital assets.

Earlier, Goldman Sachs became the second largest US investment bank to allow clients to invest in digital assets. They will have such an opportunity already in the second quarter of 2021.

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