May 10, 2018

Bitcoin is gaining legitimacy and those in finance are paying attention

Goldman Sachs to Open a Bitcoin Trading Operation by Nathaniel Poppers May 2nd, 2018 SAN FRANCISCO — Most big banks have tried to stay far away from the scandal-tainted virtual currency Bitcoin. But Goldman Sachs, perhaps the most storied name in finance, is bucking the risks and moving ahead with plans to set up what appears to be the first Bitcoin trading operation at a Wall Street bank. In a step that is likely to lend legitimacy to virtual currencies — and create new concerns for Goldman — the bank is about to begin using its own money to trade […]