Search results for Goldman Sachs

In a call with investors on May 27, Goldman Sachs, the New York-based multinational investment bank and financial services company maligned Bitcoin and cryptocurrencies, saying they are “not assets.” This statement attracted negative reactions from the crypto community.

Goldman Sachs, the leading global investment banking management multinational firm, is set to host a client call to discuss Bitcoin, inflation, and gold on Wednesday, May 27, at 10:30 am EST according to a leaked invitation letter shared on twitter.

Several credit card firms have started forbidding Bitcoin and cryptocurrency purchases with various decent reasons. This very week, Apple Inc. in collaboration with two American multinationals financial services firms Mastercard Incorporated and Goldman Sachs Group, officially rolled out a new card providing customers 3% cash-back (discount) on products and services bought directly from Apple, and 2% discount on any products bought using Apple Pay – Apple’s electronic wallet service - and 1% on other related transactions.

It’s now more than 12 months since rumours about how one of the giant financial institutions such as banks, and investment companies, would come out and open up a Bitcoin (BTC) business, and that expectation has thus far produced no significant results.

Goldman Sachs has hit back with a hard punch claiming it isn't shunning the development of its Bitcoin trading platform, alluding that such a great product will be in the firm's future, though it's still uncertain when.

Since registering the deepest daily fall in valuation in recent years, the cryptocurrency market has hustled to recover in a convincing way, forcing the dominance index of Bitcoin up.

Crypto community calls for UK businesses to adopt digital currencies to ease the instability of Brexit. Cryptos are a secure option to usual currencies that are registering rising conventional adoption from both major financial institutions and consumers.

Georgia-based Intercontinental Exchange (ICE), a company operating 23 regulated exchanges and marketplaces, and the owner of the New York Stock Exchange has been creating an online platform to allow investors to buy and hold Bitcoin. ICE first appeared in the digital currencies market through a cryptocurrency data feed in March.

What are the legal, regulatory and tax policy prospects for the token sales sector in India? This question will be answered by panel discussion participants at Blockchain & Bitcoin Bengaluru conference on February 22.