Goldman Sachs CEO Says the Company Never Had Plans for Crypto Trading Desk

David Solomon, the CEO of investment banking giant Goldman Sachs, says the company never intended to open a cryptocurrency trading desk, refuting multiple reports on the matter. Solomon made the statements during a hearing before the U.S. House Committee on Financial Services held on April 10.

The hearing, which included the CEOs of seven major U.S. banks, was focused on U.S. global systemically-important banks (G-SIBs) a decade after the last financial crisis, discussing questions such as accountability, regulations, capital rules and other topics. The hearing even touched on crypt
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