Business & Finance

Reuters reveals Goldman Sachs restarts cryptocurrency desk amid bitcoin boom

Reuters exclusively reported that Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week. The trading desk reboot comes amid growing interest by institutions in bitcoin, which has soared more than 470% over the past year. The largest cryptocurrency is seen by investors and some companies as a hedge against inflation as governments and central banks turn on the stimulus taps. 

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Business & FinanceTechnology
Regions: AfricaAsiaEuropeGlobalMiddle EastNorth AmericaSouth America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story
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