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Goldman Sachs to open crypto-trading desk

May 3, 2018

The push for widespread adoption of cryptocurrencies got a boost Wednesday when U.S. investment bank Goldman Sachs Group GS, -1.80% announced it would be opening a cryptocurrency trading desk.

In an interview with the NY Times, Goldman executive Rana Yared, who will oversee the operation, admitted she wasn’t completely sold on digital currencies. “I would not describe myself as a true believer who wakes up thinking bitcoin will take over the world,” Yaren told the newspaper.

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