Goldman CTO: the story about us dropping Bitcoin trading was ‘fake news’159.4

It sometimes feels like the price of Bitcoin rises and falls on the turn of a speculative dime, and yesterday we saw one such moment come to pass, when it was reported that Goldman Sachs was planning to drop a plan to build a Bitcoin trading platform, causing the price of the cryptocurrency to crash. But today, at TechCrunch Disrupt, the CTO of Goldman Sachs described the story as “fake news,” and said that in fact the bank is still considering how to offer services that involved physical Bitcoin, but that it has not yet set a timeline for it.

“I was in New York yesterday and I was co-chairing our risk committee, and I saw the news article,” said CTO Marty Chavez, referring to the report yesterday. “It wasn’t like we announced anything or that anything had changed for us… I never thought I’d hear myself actually use this term, but I’d really have to describe that as fake news.”

Original source
https://techcrunch.com/2018/09/06/goldman-cto-the-story-about-us-dropping-bitcoin-trading-was-fake-news/

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