Goldman Sachs: Clear Regulations = Crypto Becomes More Serious!

Goldman Sachs, one of the giants of the global financial world, officially stated that clear regulations will open wide doors for institutional investors to enter the crypto world.

Mathew McDermott, Head of Digital Assets at Goldman Sachs, mentioned two important things in the discussion at Token2049 Dubai:

1. Regulation = Industry Growth

The clearer the rules, the more large institutions are willing to dive into the crypto market. This could make the crypto industry grow larger and more mature.

2. Stablecoins Could Be a Game Changer

There are two stablecoin bills that he believes will have a significant impact. If passed, it could make it easier for institutions to use stablecoins—and this could drive massive adoption!

What is Goldman Sachs Doing?

Already active in various lines of crypto trading.

Currently developing a Digital Asset Platform.

Focusing on the tokenization of financial products so they can be traded 24/7, without time limits!