https://www.reddit.com/r/CryptoCurrency/comments/7nm494/goldman_sachs_is_planning_to_launch_crypto/
My comment:
Quoine and Qash will offer Goldman Sachs white label crypto exchange regulated in Japan. Goldman Sachs will work only with regulated exchange, like Quoine. Read here, point #20:
"20. Goldman Sachs and CME? GS offering cryptocurrency trading to their clients. Will white label with them a possibility? Anything is a possibility. When you look at the CXOs. SETH is from Goldman. We cannot disclose much. These things take time, but we will be the first one who know. When Mike puts his shoes in GS and where their websites don't disclose transparency, chances are they would not work with these exchanges. Main stream finance are going to jump into the new token economy. Are they going to build it themselves? Some will. Partner? Some will. Regarding CME, previously invited to talk on one of their panels. We would love to offer CME futures to our customers. First crypto exchange to offer futures. CME doesn't on board customers themselves. They need us to apply and be approved and based on location. eg CME japan and if Singapore, go through Singapore. We are probably the first exchange if approved, to offer CME Bitcoin Futures to customers but they take time and something beyond our control. We have a lot of interesting partnerships, but as a start up that only has 90 people, it is important to focus. Current focus that the current initiatives contribute to liquidity. We need to focus on doing our business well."
https://www.reddit.com/r/LiquidQASH/comments/7mmrq5/final_2017_ama_by_mike_dec_28_2017/
And here: "I hope to announce it within the year, but QUOINE is involved in the entire back of the business of virtual currency exchanges that a certain autonomous district or a certain autonomous district feels like a TSE as a country itself. "
https://www.reddit.com/r/QASH/comments/7jj05z/summary_of_mikes_ama13122017_translated_from/
2 of Quoine top guys spent each 10 years at Goldman Sachs, Seth Melamed, Senior Vice President of Operations and Ray Hennessey Chief Strategy Officer. Read about them on https://liquid.plus/
EDIT, quote from the title Article:
"They are looking into various aspects of how to safely provide services and minimize their liability in case of issues. Thus, they are researching the different problems that come with the act of stepping into the industry and are looking at ways to manage these potential problems. Comment: QUOINE will provide this for GS, Quoine will provide safe service and be liable.
A significant point that they have run across is the idea of how to safely collect and keep these digital assets since they will be the ones who are responsible for acting a custodial manner for these assets in the digital realm. Comment: QUOINE will provide this for GS.
Goldman has also stepped into the trading of futures albeit with stringent requirements for customers, (requiring margins that some may perceive as too conservative).
This is one financial institution that has looked at the advent of the digital currencies more reasonably, at least in most instances, and have taken actions that are in line with their reasoning. Many other institutional peers have stayed away from the market for various reasons, a common reasons being volatility and lack of regulation. Comment: QUOINE will provide regulation for GS exchange, QUOINE is regulated exchange in Japan."