It was reported by Business Insider that a major financial institution Goldman Sachs lowered the priority of the Bitcoin trading desk , but it became clear that it was fake news. As the reason for lowering the priority, the uncertainty around the regulation was considered to be the most promising.
This news has a big influence on the cryptocurrency market, and Bitcoins (BTC) recorded a 5% decline in the past 24 hours and an early fall of ETHALIUM (ETH) close to 15%. Except for Bitcoin Diamond (BCD) which was decided to list on Binance, the top 100 currencies of market capitalization fell across the board .
Mr. Lloyd Blankfein, CEO of Goldman Sachs, has been tweeting as follows in October last year.
Still thinking about # Bitcoin. No conclusion – not endorsing / rejecting. Know that folks also were skeptical when paper money displaced gold.
– Lloyd Blankfein (@ lloydblankfein) October 3, 2017
“I am thinking about Bitcoins, I have no conclusions, no refusal / no approval, remember that people were skeptical when banknotes replaced gold.”
With this tweet people expected Goldman Sachs to start a Bitcoin trading desk in the near future.
The company’s spokesperson talks to Reuters in the following way.
“At this time, we have not concluded on the scope of the digital asset project”
Meanwhile, CFO (chief financial officer) Martin Chavez of the company announced a comment that this news is fake news .
Mr. Richard, at the TechCrunch conference in San Francisco, stated as follows.
“I did not think I would use this word, but I must say that the news is fake news.”
According to CNBC’s report, Goldman Sachs has been developing Bitcoin derivatives and found it ambitious for cryptocurrency trading .
Also, although this news was seen as the beginning of the depreciation of the cryptocurrency market, in fact it seems that the main reason is the restart of the above wallet and shift of policy of shape shift.
Article Source: Business Insider, Reuters
Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/goldman-sachs-put-btc-trading-desk-on-hold/
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