Goldman Sachs CEO: Goldman Sachs cannot own, dominate or participate in Bitcoin until regulation allows
Odaily News When asked whether accepting Trump's potential strategic Bitcoin reserves would affect the bank's handling of cryptocurrencies, Goldman Sachs CEO David Solomon said: "First of all, you know, we have discussed this issue many times, and we spend a lot of time on the underlying technology. We are using and testing it to reduce friction in the financial system. This is very important."
However, from a regulatory perspective, Goldman Sachs still cannot own, control or participate in Bitcoin, Solomon clarified, “If the world changes, we can discuss it.”
This is similar to comments Solomon made in December 2024, when he said: "If the regulatory structure changes, we will evaluate it, but at this time we are not allowed to do so." (The Block)
Earlier news, Goldman Sachs CEO Solomon said, "I don't think Bitcoin poses much of a threat to the U.S. dollar. I believe in the U.S. dollar; Bitcoin is a speculative asset."
