Business Insider is reporting that “Goldman Sachs is putting on hold plans to open a desk to trade cryptocurrencies, including bitcoin, according to people familiar with the matter.”
Article URL: https://www.businessinsider.com/goldman-sachs-retreats-from-launching-crypto-trading-desk-2018-9
From the article:
> Even Goldman Sachs, the Wall Street behemoth that trades in markets’ most esoteric assets, can’t find a way to trade bitcoin.
> The bank is ditching plans to open a desk for trading cryptocurrencies in the foreseeable future, according to people familiar with the matter, as the regulatory framework for crypto remains unclear.
> As part of that decision, Goldman has moved plans to open a desk for trading cryptocurrencies further down a list of priorities for how it can participate in cryptocurrency markets, the people said. It may revive these plans later, they added.