18 min listen
BREAKDOWN: Goldman Sachs Can No Longer Dismiss Bitcoin
BREAKDOWN: Goldman Sachs Can No Longer Dismiss Bitcoin
ratings:
Length:
15 minutes
Released:
Jan 19, 2021
Format:
Podcast episode
Description
According to a Goldman insider, the investment bank will leap into crypto custody soon.This episode is sponsored by Nexo.io.Today on the Brief: Gary Gensler is officially Biden’s pick for SEC chairmanInvestors are betting against the U.S. dollarGrayscale has best day ever with $700 million in investmentEthereum reaches new all-time high Our main discussion: Goldman Sachs reportedly coming to crypto. Over the last year, many traditional financial institutions have recanted previous skepticism to join the bitcoin space. For most of that time, Goldman Sachs has been a noticeable holdout, saying as recently as last May that bitcoin and cryptocurrency weren’t an asset class. According to new reports from a Goldman insider, all that is finally changing as the bank prepares a crypto custody strategy. The change in attitude is inspired at least in part by the recent rulings from the Office of the Comptroller of the Currency. -Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io.Image credit: Chris Hondros/Getty Images NewsSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jan 19, 2021
Format:
Podcast episode
Titles in the series (100)
Notes On a Swatting by CoinDesk Podcast Network