TechFlow news — On January 23, according to The Block, Goldman Sachs CEO David Solomon said in an interview with CNBC during the World Economic Forum in Davos that from a regulatory standpoint, Goldman Sachs is still unable to hold, market-make, or participate in Bitcoin-related businesses.
Regarding Trump's proposal for a U.S. strategic Bitcoin reserve, Solomon emphasized that Bitcoin does not threaten the status of the U.S. dollar and remains a speculative asset. He acknowledged that the underlying blockchain technology is "very important," and Goldman Sachs is testing ways to use this technology to reduce friction in the financial system.
According to Bloomberg, Goldman Sachs is currently discussing with potential partners the possibility of spinning off its digital asset platform into an independent company. Last summer, Solomon stated that Bitcoin "may have value storage functionality," but so far no practical use cases have emerged.
