Bitcoin falls after Goldman reportedly drops crypto trading plans

Bitcoin falls after Goldman reportedly drops crypto trading plans

"Goldman Sachs is dropping its plan to open a trading desk for cryptocurrencies, Business Insider reported Wednesday, as the firm sees the regulatory environment as ambiguous."

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More news sources

Bittrex to Delist Bitcoin Gold Over 51% Attack

Over the last nine months, news.Bitcoin.com has reported on the many misfortunes the project Bitcoin Gold (BTG) has experienced. The forked protocol has been mired with issues and controversy since the day the project was announced will be delisted from t...

_{Read more: news.bitcoin.com}

Goldman Sachs is Abandoning Plans for a Bitcoin Trading Desk, For Now

Major Wall Street investment bank, Goldman Sachs has finally made known its stance on opening a cryptocurrency trading desk. The bank clarifies that such plans are not a priority for the foreseeable future, but rather it will be focusing its energy on a c...

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Major Indian Bitcoin Exchange Discusses the Aftermath of RBI Ban

It has been about two months since the crypto banking ban by the Reserve Bank of India (RBI) went into effect. News.Bitcoin.com talked to Sathvik Vishwanath, CEO and co-founder of Indian exchange Unocoin, to discuss the aftermath of the central bank&#8217...

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SEC Rejects Bitcoin ETFs Because Applicants ‘Don’t Look the Part’: Abra CEO

The founder of Bitcoin payment startup Abra, Bill Barhydt has stated that he believes that a bitcoin ETF will be approved within a year, as long as the SEC feels sufficiently comfortable with the caliber of applicants trying to get permission. Speaking to...

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Other hot crypto news today

• Bitcoin Drops 3% in 10 Minutes, Ethereum Plunges 12%
• Bitcoin drops sharply and suddenly — and now cryptos across the board are getting slammed
• PR: Bitcoin Depot Launches 20 Crypto ATMs in Southern California
• Crypto Mining Accepted as an Industry by Iranian Authorities
• Abra CEO: SEC Denies Bitcoin ETFs Because Applicants Do Not Fit Industry Archetype
• Ripio Rolls Out Crypto-Powered Loans Across Latin America
• $7,400 to $6,950: Bitcoin Price Drops 2% Within 30 Minutes in Crypto Market Bleed
• Crypto Markets See Sharp Decline as Total Market Cap Drops $12 Billion in One Hour
• MEGA Chrome Extension Compromised to Steal Users’ Monero

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