Goldman Sachs continues to recognize the importance of Bitcoin. The bank’s CEO, David Solomon, today touched on the cryptocurrency—and central bank digital currencies (CBDCs)—in an earnings call.
“As activities in these areas [cryptocurrency, blockchain and the digitization of money] progress, there will be significant disruption and change in the way money moves around the world,” he said.
“There is also significant focus on cryptocurrencies like Bitcoin, where the trajectory is less clear as market participants evaluate their possibility as a store of value,” he added.
The CEO’s comments echoed what he said earlier this month: that the bank’s clients are interested in Bitcoin but clearer regulation is needed in order for the corporation to act as a principal with crypto.
Goldman Sachs is keeping a close eye on digital assets. It plans to offer Bitcoin investment products to its wealth management clients, and it recently announced the reopening of its cryptocur
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