Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift
David Solomon acknowledged crypto as an interesting technology during the Reuters Next event, says there are no reputational risks in them.
Follow crypto banking news, de-risking, stablecoin rails, fintech partnerships, and how traditional finance is adapting to digital assets.
Coinbase's ongoing FOIA efforts aim to uncover alleged anti-crypto actions in Washington.
India's cautious CBDC strategy focuses on financial stability as Reserve Bank assesses long-term impacts of e-rupee.
Goldman Sachs aims to modernize financial processes with blockchain-focused spin-off for institutional clients.
The settlement operations will use the bank's token JPM Coin, which already helps to process $2 billion in daily transactions.
Swift's pilot links 11,500 financial institutions to automate tokenized fund processes, reducing costs and enabling real-time transparency.
Deutsche Telekom calls the process of using Bitcoin to save wasted energy 'digital monetary photosynthesis.'