+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

CRYPTO INSIDER: Goldman Sachs will soon trade bitcoin-linked products

May 3, 2018, 22:45 IST

The Goldman Sachs logo is pictured above a trader on the floor of the New York Stock Exchange shortly after the opening bell in the Manhattan borough of New York April 2, 2014. REUTERS/Lucas Jackson

Advertisement

Welcome to Crypto Insider, Business Insider's roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox.

Bitcoin got a boost Thursday following a New York Times report that said Goldman Sachs will begin trading products linked to bitcoin.

The Wall Street investment bank will soon start trading bitcoin futures for its clients, according to the New York Times. It will also offer so-called non-deliverable forwards, another type of derivative product which the bank will create.

Should the bank get approval from the necessary regulators, it would trade bitcoin.

Advertisement

Here are the current crypto prices:

Markets Insider

In the news:

New to Crypto Insider? Business Insider has a ton of articles to get you caught up to speed, including:

What other questions do you have about crypto? Ask them in Business Insider's Crypto Insider Facebook group today to discuss with readers from all over the world, as well as BI editorial staff.

NOW WATCH: What will probably happen with the North and South Korean peace treaty

Next Article