{"id":40343,"date":"2021-04-07T16:27:33","date_gmt":"2021-04-07T13:27:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40343"},"modified":"2025-08-30T13:44:01","modified_gmt":"2025-08-30T10:44:01","slug":"goldman-sachs-chief-predicts-major-evolution-in-the-cryptocurrency-market","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/goldman-sachs-chief-predicts-major-evolution-in-the-cryptocurrency-market\/","title":{"rendered":"Goldman Sachs chief predicts &#8216;major evolution&#8217; in the cryptocurrency market"},"content":{"rendered":"<p>Current regulation of the cryptocurrency industry restricts banks&#8217; ability to work with digital assets, but that will change over time. David Solomon, CEO of Goldman Sachs, said on CNBC.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\u201cThere are significant regulatory restrictions around us and us acting as a principle around cryptocurrencies like <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a>,\u201d says <a href=\"https:\/\/twitter.com\/search?q=%24GS&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$GS<\/a> CEO David Solomon. \u201cAs our clients have demand to be involved in this space we can continue to find ways to support our clients.\u201d <a href=\"https:\/\/t.co\/plRxHqmbsI\">pic.twitter.com\/plRxHqmbsI<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a href=\"https:\/\/twitter.com\/SquawkCNBC\/status\/1379406482572259335?ref_src=twsrc%5Etfw\">April 6, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In Solomon&#8217;s view, the crypto market will continue to develop due to growing user demand.<\/p>\n<blockquote>\n<p>\u201cI think a major evolution will occur in the coming years. I won&#8217;t speculate about what exact changes will take place. But we are working within the current rules and will look for ways to further serve clients,\u201d Solomon said.<\/p>\n<\/blockquote>\n<p>Solomon added that the bank is closely watching the digital assets space:<\/p>\n<blockquote>\n<p>\u201cWe continue to actively think about digital currency and the digitization of money, based on clients&#8217; wishes,\u201d he said.<\/p>\n<\/blockquote>\n<p>Earlier in March, Goldman Sachs <a href=\"https:\/\/u1f987.com\/en\/news\/media-goldman-sachs-to-resume-cryptocurrency-operations-and-study-launch-of-bitcoin-etf\">restarted the client operations department<\/a> with cryptocurrencies.<\/p>\n<p>Later the bank announced plans to open access <a href=\"https:\/\/u1f987.com\/en\/news\/goldman-sachs-to-offer-bitcoin-based-products-in-the-second-quarter-of-2021\">to Bitcoin-based investment instruments<\/a> in the second quarter of 2021.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Current regulation of the cryptocurrency industry restricts banks&#8217; ability to work with digital assets, but that will change over time, Goldman Sachs CEO David Solomon said on CNBC.<\/p>\n","protected":false},"author":1,"featured_media":40344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[728,1138,36,26],"class_list":["post-40343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-goldman-sachs","tag-opinions","tag-regulation","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"39","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=40343"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40343\/revisions"}],"predecessor-version":[{"id":40345,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40343\/revisions\/40345"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/40344"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=40343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=40343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=40343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}