Cryptocurrencies
Goldman Sachs Set to Jump Back Into Cryptocurrency Trading
- BNY Mellon and Mastercard are also embracing cryptocurrencies
- Bitcoin, other digital assets once scorned in financial world
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Goldman Sachs Group Inc. is restarting a trading desk for cryptocurrencies amid a surge in the value of Bitcoin, a person familiar with the effort said.
The Wall Street bank will begin offering Bitcoin futures among other products by mid-March after halting a similar effort started in 2018, according to the person, who asked to to be named because the plans haven’t been announced. A Goldman Sachs spokeswoman declined to comment.