9 months ago

The news of Goldman Sachs’ refusal in the near future to create a subdivision for the trade in cryptocurrencies turned out to be fake. This was stated by financial director of the conglomerate Martin Chavez, Techcrunch writes.

Chavez commented that Goldman Sachs did not make such statements, and the company’s plans in recent years have not changed. He also added that at the moment, at the request of customers, Goldman Sachs is developing a platform for trading OTC bitcoin-derivatives.

Currently, the company provides customers with the opportunity to trade in CFC futures and CFDs. The latter allow the investor to bet on changing the bitcoin price without having to own the underlying asset.

Martin Chavez noted that while Goldman Sachs does not have a custodian solution of the institutional level for storing bitcoin. However, the bank is still considering the possibility of launching custodial services focused on large funds.