Goldman Sachs CEO: Will consider participating in cryptocurrency trading if regulations change
According to Reuters, Goldman Sachs CEO David Solomon, when asked if Goldman could start trading cryptocurrencies, said that regulations would need to change to allow the bank to do so. Solomon stated: "You have to ask the regulators about this issue. Currently, as a regulated banking institution, we are not allowed to hold cryptocurrencies like Bitcoin as principal. We provide advice for our clients around these technologies and issues and will continue doing so but from a regulatory perspective, our ability to take action in these markets is extremely limited."
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