Goldman Sachs Bitcoin Endorsement Leads Institutional Investor Cryptocurrency Push - News Summed Up

Goldman Sachs Bitcoin Endorsement Leads Institutional Investor Cryptocurrency Push


The wall street titan is now all in when it comes to allowing clients to trade Bitcoin futures via one of its New York desks. Goldman Sachs becomes the first regulated financial institution to offer such a service. Instead, the bank will use its own money to trade Bitcoin futures contracts for clients. While Goldman Sachs dips its toes in the cryptocurrency markets, CultureBanx found BitMEX is way ahead of the game. Goldman Sachs alumnus and billionaire cryptocurrency advocate Mike Novogratz announced a partnership with Bloomberg to launch the Bloomberg Galaxy Crypto Index.


Source: Forbes May 14, 2018 00:00 UTC



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