Big for Bitcoin? Goldman Sachs Appoints New CEO Who is Keen on Cryptocurrencies
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Big for Bitcoin? Goldman Sachs Appoints New CEO Who is Keen on Cryptocurrencies

THELOGICALINDIAN - Goldman Sachs above Chairman and Chief Executive Officer CEO Lloyd C Blankfein clearly retired from both positions His almsman David M Solomon is accepted for actuality agog on both Bitcoin and the cryptocurrency bazaar in general

In an official press release anachronous July 17, Goldman Sachs Group, Inc. (NYSE: GS), appear that the bank’s Chairman and CEO – Lloyd C. Blankfein – will retire September 30. The Board of Directors has already appointed David M. Solomon to accomplish him in both positions starting October 1, 2018.

Blankfein has served as the CEO of the Wall Street behemothic for the accomplished 12 years. Unlike some of his colleagues on Wall Street, Blankfein’s attitude on Bitcoin and the cryptocurrency market, in general, hasn’t been absolute dismissive, but rather adequately contained.

While he doesn’t own any bitcoin himself, Blankfein stated that he isn’t accommodating to abolish article which he doesn’t absolutely understand:

His words belie those of JPMorgan Chase’s administrator and CEO who labeled Bitcoin a “fraud” aftermost September alone to accept regretting his words in January 2018. Prominent Wall Street broker and CEO of Berkshire Hathaway Warren Buffer additionally bidding his negativity appear the cryptocurrency market’s forerunner, calling it “rat adulteration squared”.

David M. Solomon

While Goldman Sachs’ anon to be ex-CEO has been adequately aseptic in his statements about Bitcoin, his almsman is added proactive and absolute area cryptocurrencies are concerned.

Goldman Sachs became the aboriginal adapted banking academy which allowed its audience to barter Bitcoin futures through one of its New York desks beforehand in May. On June 20, Solomon was speaking to Bloomberg TV in China and appear that the New York advance coffer is exploring cryptocurrency trades above what it already handles.

We accept yet to see whether the account of Goldman Sachs’ new CEO will accept an appulse on Bitcoin’s price. However, bygone the aboriginal and foremost cryptocurrency saw its better access in the accomplished two weeks, as news broke that BlackRock is declared to be attractive into Bitcoin.

Do you anticipate Goldman Sachs’ new arrangement will accept a absolute appulse on Bitcoin’s price? Let us apperceive in the comments below!

Images address of AP Photo/Richard Drew, Goldman Sachs