Wall Street

Goldman Sachs CEO Slams Crypto Currency Cynics

CEO of investment giants Goldman Sachs, Lloyd Blankfein, has hit out at cryptocurrency cynics who believe that cryptocurrency is just a fad. Lloyd voiced his opinion at the economic club of New York conference. Lloyd has long held that cryptocurrency was yet to become a major asset class but must be considered as emerging asset […]

Banks Crypto Banks cryptocurrency Wall Street

Goldman Sachs Lists Cryptocurrencies as a Business Risk

America’s financial services Goldman Sachs admitted that cryptocurrencies and the blockchain pose a significant business risk to the overall business strategy. This follows the last week’s declaration by Bank of America, which stated that cryptocurrencies are a threat to its business model and faces a competition, compliance and technology adoption as a result of a […]