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CoinGape

Goldman Sachs CEO confirms the firm will engage with cryptocurrency if the regulatory environment shifts under the Trump administration

CoinGape
Summary
Nutrition label

73% Informative

Goldman Sachs CEO David Solomon discussed the firm’s position on cryptocurrency, particularly Bitcoin and other cryptocurrencies.

Solomon emphasized that the firm is watching regulatory shifts under the Trump administration.

He said the firm would be open to engaging more directly with digital assets like Bitcoin and Ether.

The firm has already built a considerable infrastructure to support digital assets.

Last month , Goldman Sachs announced plans to spin out its blockchain-based digital assets platform into a separate entity.

VR Score

68

Informative language

69

Neutral language

67

Article tone

formal

Language

English

Language complexity

74

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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