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                     The world's most popular cryptocurrency, Bitcoin, has become an investment asset that is now going through a phase of adoption. This is the belief expressed by McDermott. 
 
In a letter, he acknowledged the growing demand for cryptocurrencies among institutional investors and asset managers, CoinDesk writes.
 
He believes that inconsistent actions by regulators in many countries could have a negative impact on the development of the digital asset market. However, he noted that cryptocurrency storage solutions have become safer.
 
Some US bank clients are showing interest in cryptocurrency: in addition to bitcoin, they are turning their attention to Ethereum.
 
A top Goldman Sachs executive added that the bank will offer corporate clients access to cryptocurrency through a fund or structured products.
 
source: investing.com
            In a letter, he acknowledged the growing demand for cryptocurrencies among institutional investors and asset managers, CoinDesk writes.
He believes that inconsistent actions by regulators in many countries could have a negative impact on the development of the digital asset market. However, he noted that cryptocurrency storage solutions have become safer.
Some US bank clients are showing interest in cryptocurrency: in addition to bitcoin, they are turning their attention to Ethereum.
A top Goldman Sachs executive added that the bank will offer corporate clients access to cryptocurrency through a fund or structured products.
source: investing.com