Goldman Sachs Predicts "Explosion" in Use of Digital Currencies

in hive-116221 •  4 years ago 

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The pandemic has been a significant accelerant. There is no question in our mind there will be more digital commerce and (use of) digital money. 

One of the biggest Wall Street banks is now attempting to strike a balance between meeting this demand and following regulations:

We are regulated on what we can do. We continue to evaluate it ... and engage on it.

Waldron also reveals that Goldman is currently having discussions with regulatory bodies and central banks around the globe about how the nascent asset class should be approached.


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