Category: Goldman Sachs

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Stripe will offer bank accounts, with help from Goldman Sachs and Citi

But only for vendors, so retail users will have to wait. Online payments giant and Cash App owner Stripe is stepping into a new realm of financial services for vendors. Per a Wall Street Journal exclusive on Thursday, Stripe is looking to offer customers bank accounts and debit cards. However, these financial products will be…
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Former Google lawyer joins spate of high-profile attorneys entering crypto

Coinbase leads a growing list of crypto companies attracting top-tier legal talent On Friday Coinbase Inc. announced the appointment of former Google Senior Legal Director Milana McCullagh as deputy general counsel for product and commercial legal. McCullagh, who worked for more than 13 years at Google, will work across functions at Coinbase on product legal…
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Ex-Goldman Sachs exec believes that his decentralized clearing house can rescue DeFi from oblivion

“I have seen this movie before,” said the ex-banker with reference to DeFi. Revolution Populi has released layer one of a blockchain solution that the founding team believes could be used as a clearinghouse for crypto and traditional financial transactions.  The protocol iterates over the delegated proof-of-stake consensus used by EOS, which employs 21 block producers.…
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Visa, Goldman Sachs and Mick Mulvaney join leading blockchain trade association

Several leaders in banking, payments and politics are joining the Chamber of Digital Commerce, a major voice for the blockchain industry in Washington, D.C. On Wednesday, the Chamber of Digital Commerce announced the addition of Visa, Goldman Sachs and Six Digital Exchange (SDX) to its executive committee. Mick Mulvaney, a former White House Chief of…
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Bitcoin and Economic Uncertainty: Patience Is the Name of the Game

The crypto market as a whole has made tremendous strides monetarily, even though Bitcoin’s price has so far failed to meet the lofty expectations. As whispers of Bitcoin’s (BTC) promised financial breakthrough failing to materialize over the last few months have continued to garner steam, the price of the premier crypto asset recently surged above…
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Goldman Sachs Is Hiring a New VP of Digital Assets

Goldman Sachs has put the word out it is seeking a new VP in the London-based Digital Assets team within its Global Markets Division. Investment banking giant Goldman Sachs is hiring a new vice president in the Digital Assets team within its Global Markets Division in London. According to a recent job posting on the…
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IBM Executive Reveals Plans to Help Banks Capitalize on DeFi

IBM could teach banks a thing or two about DeFi. In a Cointelegraph interview, director of IBM financial services and digital assets, Nitin Gaur, shared how the technology company is helping financial institutions to capitalize on the DeFi movement. Gaur — the author of Blockchain for Business — says it is essential that banks understand…
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Winklevoss: US Dollar Is Now a ‘Funny Money’ Endorsement of Bitcoin

Coronavirus stimulus failures show just how irrelevant the dollar supply has become and this “a wakeup call” for those not looking at Bitcoin, Cameron Winklevoss argues. The United States’ failure to agree on Coronavirus stimulus shows that the dollar is “funny money” and endorses Bitcoin (BTC), says Cameron Winklevoss. In a tweet on Aug. 6,…
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Pomp: Goldman Sachs’ Interest In Blockchain Shows Innovation Out of Necessity

Anthony Pompliano states innovation inevitability in light of recent blockchain comments from new Goldman Sachs brass, Mathew McDermott. Mathew McDermott has assumed the role of global head of digital assets for banking giant Goldman Sachs, touting future blockchain predictions.  “In the next five to 10 years, you could see a financial system where all assets…
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Bison Trails Beefs Up Legal Compliance Team With Former Goldman Sachs Exec

Bison Trails takes on general counsel to engage with global policymakers on compliance and legal regulation matters. Blockchain infrastructure-as-a-service company Bison Trails announced Aug. 4 that it has appointed a general counsel to focus on policy and regulatory issues specific to blockchain infrastructure. Elizabeth Ralston has previously served in a legal capacity at blockchain investment…
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