Goldman Sachs Delays Plans for Crypto Trading Desk

© Can Stock Photo / monkeybusiness

Goldman Sachs is reportedly dropping plans for a cryptocurrency trading desk. The news, which broke late yesterday, sent crypto prices further down, but in this bear market, you'd be excused for not noticing. The news, though dismissed or even spun into a good thing by crypto enthusiasts, can hardly be taken as a positive sign ...Read More

Philip Ryan is Senior Editor of Bank Innovation and Senior Director of INV Fintech. He began covering financial services in 2012 and has more than 15 years' experience in online journalism. He once worked in an office in which he had the only modem (33.6 kb.) He can be reached at

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