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Goldman Sachs hasn’t dropped crypto trading desk plans

September 7, 2018

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According to sources that spoke with Business Insider, executives recently came to the conclusion that many steps still need to be taken, most of them outside the bank’s control, before a regulated bank would be allowed to trade cryptocurrencies.

However, it seems this is incorrect. And this story – originally called “Goldman Sachs drops crypto trading desk plans” – has been amended.

Goldman Sachs CFO Martin Chavez says recent reports about the company abandoning its plans to open a cryptocurrency trading desk are “fake news”. Fair enough.

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