The chief operating officer of banking giant Goldman Sachs, John Waldron, said the bank’s clients are showing a growing interest in digital assets and bitcoin.
According to Waldron, Goldman Sachs is constantly exploring ways to meet its customers’ demand for cryptocurrencies, while the bank must adhere to the rules of the regulators:
“Customer demand is growing. We are a regulated organization and have limited options. But we are researching and implementing digital asset management. ”
The bank is currently exploring the possibility of launching a cryptocurrency exchange-traded fund (ETF), as well as exploring the possibility of providing custody services. According to Waldron, the bank may well act as a custodian of digital assets. Goldman Sachs is currently working with regulators and central banks on digital asset rules.
The COO of Goldman Sachs noted that the e-commerce industry has grown significantly in the wake of the COVID-19 pandemic, as has the use of digital currencies. And he expects the trend to continue:
“The pandemic has been a significant driver of growth. And there is no doubt that e-commerce will grow, as will the use of digital money. ”
Recently, the head of Goldman Sachs for digital assets Matthew McDermott (Matthew McDermott) also noted the growing demand for cryptocurrencies among the bank’s clients. In early March, the bank launched a cryptocurrency trading platform again.
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