Goldman CEO Blankfein is 'still thinking' about bitcoin

05.10.2017 / 21:42

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On Tuesday, the head of Goldman Sachs joined the fray of Wall Street leaders to comment on digital currency bitcoin — and he's undecided.

I'm "still thinking about #Bitcoin," Lloyd Blankfein, chairman and CEO of Goldman Sachs, said in a tweet. I have "no conclusion. [I'm] not endorsing/rejecting."

On Monday, Goldman Sachs said in response to client interest, it is exploring a new trading operation focused on bitcoin and other digital currencies.

Earlier Tuesday, BlackRock Chairman and CEO Larry Fink said the growth of digital currencies reflects speculation from Asian investors and money laundering.

Last month, JPMorgan Chase CEO Jamie Dimon called bitcoin a "fraud" that "won't end well."

Source: Bloomberg Pro Terminal

Junior Trader Stefan Panteleev

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Goldman CEO Blankfein is 'still thinking' about bitcoin

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