Goldman Sachs is studying how it can meet growing customer demand to own and invest in bitcoin, while staying on the right side of the law.

At the Digital Economy Forum “Wolfe Virtual” event, stated John Waldron, Goldman Sachs President and COO (COO), said:

Customer demand for Bitcoin is on the rise.

We are organized in what we can do, so we continue to evaluate and share.

Waldron stated that Goldman Sachs can hold digital currencies, and is in talks with central banks and regulators about how banks should regulate when dealing with digital assets.

The US Securities and Exchange Commission (SEC) is considering how to regulate brokers and dealers that hold digital currencies for clients and the commission requested public comment on the matter in December last year.

Read:The Binance platform generates more than 7 million dollars annually for this reason!

The Corona pandemic has caused an explosion in e-commerce, as more consumers are starting to shop online at a greater pace as most people have stayed at home or worked from home.

In this regard, Waldron told the following:

The pandemic has caused a significant acceleration towards digital payment.

There is no doubt that there will be more digital commerce and the use of more digital money.

Goldman Sachs Takes Bitcoin More Seriously

On March 1 of this year, Goldman Sachs announced that it had resumed its cryptocurrency trading desk after three years of stagnation.

Goldman Sachs will once again support the trading of non-deliverable bitcoin futures contracts to keep pace with the rapidly developing crypto sector.

Bitcoin is hitting record levels as more companies embrace the crypto boom.

The largest cryptocurrency recently enjoyed a significant rally, buoyed by speculation that the third round of stimulus and bailouts will inject more liquidity into cryptocurrencies.

Which is what actually happened as President Joe Biden’s proposed $1.9 trillion economic stimulus package was passed.

Yesterday, Wednesday, March 10, the world’s leading cryptocurrency jumped to the level of $57,000, surpassing the market capitalization of $1 trillion, and at the time of writing this article fell to the level of $55,600.

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As a reminder, Bitcoin previously rose to an all-time high of $58,640 on February 21, 2021.

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