Express
Goldman Sachs Disagrees With Bloomberg Over Cryptocurrency Being An Asset Class
Summary: Goldman Sachs stance on whether cryptocurrency is an asset class worthy of investment interest greatly differs with that of former presidential hopeful Mike Bloomberg. According to a leaked PowerPoint slide from Goldman Sachs on May 27, the investment firm believes that cryptocurrencies are not an asset class. The slide seemingly discourages its clients from investing ...
Goldman Sachs stance on whether cryptocurrency is an asset class worthy of investment interest greatly differs with that of former presidential hopeful Mike Bloomberg.
According to a leaked PowerPoint slide from Goldman Sachs on May 27, the investment firm believes that cryptocurrencies are not an asset class. The slide seemingly discourages its clients from investing in the up and coming technology-based asset.
This outlook on cryptocurrency is quite different from the views of Bloomberg, whose financial reform plan openly acknowledged cryptocurrency as an asset class.
By Ramsey Baker
Tags: Asset Class,Cryptocurrency,Financial Reform Plan,Goldman Sachs,Mike Bloomberg
Link: Goldman Sachs Disagrees With Bloomberg Over Cryptocurrency Being An Asset Class [Copy]
