Goldman Sachs is considering issuing its own cryptocurrency

Goldman Sachs is considering issuing its own cryptocurrency

As David Solomon, CEO of Goldman Sachs, one of the world’s largest banks, said, the bank is considering the possibility of issuing its own cryptocurrency.

In an interview with the French edition of Les Echos, Solomon said that Goldman Sachs “certainly” can follow the path of JPMorgan and launch its own cryptocurrency. He also noted that at the moment the bank is conducting a “large-scale study” of the possibilities of cryptocurrency and steablecoins, as well as the tokenization of assets.

“Accept the fact that all the major financial institutions in the world are exploring the potential of tokenization, steylcoin and instant payments without intermediaries,” he stressed.

At the same time, Solomon noted that he himself finds the principle of tokenization very interesting. In addition, in his opinion, the industry of international payments will move precisely in the direction of tokenization and steylebkoinov.

“I think that regulators around the world look at what is happening. They decide whether the cryptocurrency system will work, and they very closely monitor payments, ”said Solomon.

Note that, as it became known recently, JPMorgan Chase Bank began testing its cryptocurrency JPM Coin together with corporate clients.


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