Financial conglomerate Goldman Sachs will not in the foreseeable future to create specialized cryptocurrency trading division. Reported by Business Insider, citing sources familiar with the situation.
The main reason for this is regulatory uncertainty. However, according to representatives of Goldman Sachs, over time, this decision may be reviewed.
However, currently the Bank still is considering launching custodian services, focused on large foundations. The company also provides customers the ability to trade bitcoin with futures and contracts for difference (CFD). The latter allow the investor to bet on the price change of bitcoin without the need for ownership of the underlying asset.
ForkLog previously reported that Goldman Sachs discuss the possibility of launching a number of cryptocurrency services, including the platform for trading futures with settlement in bitcoin.
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