Goldman

Goldman Sachs reports nearly half of its rich family office clients want to get into crypto

Goldman Sachs reports nearly half of its rich family office clients want to get into crypto

Family offices—the investment firms overseeing the wealth of the richest families in the world—are eyeing the crypto market, according to a survey by investment banking giant Goldman Sachs.  The firm—which recently has been making its own big moves in crypto–surveyed its family office clients and found that 15% of them have already invested in crypto, …

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Goldman Sachs Head of Commodities Research says crypto is like copper

Goldman Sachs Head of Commodities Research says crypto is like copper

Jeff Currie, Head of Commodities Research for Goldman Sachs, says the “digital gold” narrative for crypto assets doesn’t fit — crypto is more like digital copper, in his view. During an interview with CNBC Tuesday, Currie said the risk that comes with cryptocurrencies means their value is different from that of safe-haven assets like gold, …

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Goldman Expects Digital Yuan to Reach 1B Users in 10 Years

Goldman Expects Digital Yuan to Reach 1B Users in 10 Years

The digital yuan, China’s planned national virtual currency, would account for 15% of total consumption payments in ten years, helping commercial banks gain more ground from fintech companies, according to a Nov. 17 Goldman Sachs report shared with CoinDesk. The Digital Currency Electronic Payment (DC/EP) could be a more attractive alternative to existing digital payment …

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