At a conference in New York, Justin Schmidt, the head of digital asset markets at Goldman Sachs, said:

“One of the things they ask me is ‘Can you hold our coins?’ and I say ‘No, we cannot. One of the things we have to take into consideration when we’re building out our business is what we can and cannot do from a regulatory perspective.”

When Can Goldman Sachs Enter the Bitcoin Market?
Goldman Sachs has been facilitating investments into Bitcoin futures for its customers for awhile. In an interview with Bloomberg TV in China, for the first time, Goldman Sachs CEO David Solomon directly confirmed that the company has been clearing Bitcoin futures contract since June.

“We are clearing some futures around Bitcoin, talking about doing some other activities there, but it’s going very cautiously. We’re listening to our clients and trying to help our clients as they’re exploring those things too. Goldman Sachs must evolve its business and adapt to the environment,” Solomon said.

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