and not just derivatives, if Goldman Sachs managed to get regulatory approval. Moving forward, the company says it is looking to trade Bitcoin directly to its clients. The investment bank will likely wait until there is more regulatory certainty surrounding bitcoin and other virtual currencies before it begins directly trading cryptocurrency. Goldman Sachs has reportedly dropped its plan of opening work from home research jobs india a bitcoin trading desk, at least in the near future, moving it down the list of products its set to offer in the cryptocurrency markets. Despite some initial posturing, the reality is most big banks have already invested significant amounts in research and development into blockchain technology, and cryptocurrencies themselves. He is reportedly looking through the regulatory mechanics of trading Bitcoin directly to clients. The outlets unnamed sources claim it now ran into a regulatory roadblock, without adding more details.
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According to sources familiar with the matter, Goldman aims to have a new cryptocurrency trading desk up and running by the end of June.
Goldman Sachs is reportedly opening a trading desk dedicated to Bitcoin and other digital currencies by the end of June, if not earlier, people with knowledge of the matter told Bloomberg Thursday.
The action also makes the investment bank the first blue-chip Wall Street firm opening.
The move is set to make Goldman Sachs the first major Wall Street bank to open a bitcoin trading desk, however it will only offer a limited numbers of derivatives at first.