While some majors of Wall Street have welcomed cryptocurrencies, Goldman Sachs has expressed its intention to take a different approach. Sharmin Mossavar-Rahmani, the CIO (Chief Investment Officer) for the Bank’s Wealth Management unit, has warned against cryptocurrencies, stating that the industry is still young and insecure. However, Sharmin has been against cryptocurrencies for a long […]
Goldman Sachs and BNP Paribas lead funding round for blockchain payments firm Fnality, backed by Nomura Group, in a report. Since 2019, Fnality has collected a total fund of $158 million. They aim to start the Sterling Fnality Payment System in 2023. However, this depends on getting approval from the Bank of England. Fnality collected […]