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Goldman Sachs launches BTC derivatives

Tekedia Now Offers Options To Pay With Bitcoin, ETH, LTC; First Payment  Received - Tekedia

Goldman Sachs launches limited BTC derivatives trading desk, indicating the rise in the adoption of the cryptocurrency.

One of the largest investment banks in the world just launched a cryptocurrency trading desk — though executives made sure to specify they would only be trading derivatives, and will not have actual digital assets on the books.

A CNBC report this morning revealed a internal Goldman Sachs memo announcing the launch of a cryptocurrency trading desk. The desk will be part of Goldman’s Global Currencies and Emerging Markets division, and overseen by Digital Assets head Mathew McDermott.