I think they have probably been keeping an eye on how JPM is doing with their coin as well. If they are seeing cost savings, Goldman will want in. Plus the renewed interest in crypto across the board is probably playing a role as well.
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That's a good point. The resurgence of cryptocurrencies aren't something that any bank could change, so either Wall Street gets into the hype and make big bucks from it, or they get left out entirely.
Yep exactly. If there are clear rules surrounding what they can and cannot do, they will play ball as well.
I'm just waiting to see when Wall Street and big banks are going to start skirting those rules, just making huge bets with money they don't have. Imagine going through the same housing crisis of '08 again, but this time it involves crypto :-p