Goldman will set up the crypto money handling unit

in goldman •  7 years ago 

It is stated that Goldman will make a unit to be found in crypto money transactions such as bitcoin
Resources with knowledge of the subject said Goldman Sachs would build a unit to be found in crypto money transactions, such as bitcoin. According to the information from the two sources, the bank is planning to start digital currency transactions before the end of June. Another source reported that Goldman was trying to solve security problems, such as how to view digital money assets that would still be available.

Goldman Sachs is on its way to becoming the first Wall Street company to create a crypto money market. On the one hand, the bank, Cboe Global Markets Inc. and several large companies that are traded on CME Group Inc.'s BitCoin floors.

One of the sources said Goldman Sachs would form a team in New York. The bank has not yet decided where to place the unit.

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