Wednesday, May 1, 2019

‘Super Interesting’ Bitcoin Needs US Govt Backing Before We Support Crypto: Goldman Sachs

By CCN.com: Goldman Sachs is waiting to throw its hat in the cryptocurrency ring until the U.S. government gives the asset a thumbs-up, American Banker reports. At the DTCC conference this week, Martin Chavez, global co-head of the securities division at Goldman, outlined that we shouldn’t expect to see the investment bank get more involved with crypto until it has solid backing. That doesn’t mean they’re not interested in the technology, however. Chavez notes, “We still have things that take overnight or a couple of days. The service level agreement is not where we want it. So there’s no question

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source https://www.ccn.com/super-interesting-bitcoin-needs-us-govt-backing-before-we-support-crypto-goldman-sachs

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