US Bankers Remain Cautious on Crypto Despite Potential Regulatory Shifts Under Trump
U.S. bankers have expressed ongoing caution toward cryptocurrencies, despite expectations that President-elect Donald Trump’s administration will usher in friendlier regulations for the digital asset class.
Speaking at the Reuters NEXT conference in New York this week, prominent financial executives reiterated that while regulatory changes may create opportunities, their institutions remain cautious about fully embracing the volatile crypto market.
David Solomon, CEO of Goldman Sachs, acknowledged the potential for regulatory changes under the new administration but emphasized that the landscape remains uncertain. “The regulatory framework has to evolve… but it’s still unclear,” Solomon said, noting that while Goldman Sachs…
