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Goldman Sachs to consider offering bitcoin-backed loans
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Goldman Sachs is exploring plans which could see the Wall Street bank use bitcoin as collateral for institutional cash loans, according to a report.
It is considering whether it might be able to gain access to cryptocurrencies such as bitcoin without needing to directly engage with the token by offering loans utilising tri-party repo arrangements, CoinDesk reported, citing three people familiar with the matter.
The...
Read more on fnlondon.comAbout this in other media
Goldman Sachs CEO David Solomon says he expects lower returns in stocks over next few years cnbc.com /2 years ago
What you should know about the debate around Bitcoin-backed bank loans ambcrypto.com /2 years ago
The bigger picture: What does El Salvador’s Bitcoin city mean for the global crypto market? economictimes.indiatimes.com /2 years ago
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