Goldman Sachs will host a conference call on May 27 entitled U.S. Economic Outlook and Current Policy Implications for Inflation, Gold and Bitcoin.
On May 23, Mike Dundas, the founder of The Block, released a screenshot of the invitation for the call, revealing that the event will be presented by Sharmin Mossavar-Rahmani, the CIO of Goldman’s Investment Strategy Group, along with Harvard economics professor Jason Furman and Goldman Sachs chief economist Jan Hatzius.
The BCRA is not looking to make a cryptomoney that represents the peso or reaches the end user,” Diego Zaldivar of IOV Labs
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The news has been announced as a milestone for the institutional adoption of cryptoactives, which seems to signify a complete turnaround by Goldman’s Mossovar-Rhami – who declared that cryptomonies fail as a means of exchange, stores of value and units of measurement, in August 2018.
For many years, the cryptocommunity has been dedicated to Goldman Sachs’ voluntary participation in cryptomoney, with false rumors that the financial giant planned to open a Bitcoin Trading Table (BTC) that circulates frequently throughout the short history of cryptomoney.
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Goldman Sachs’ conference call comes amid other signs that many major financial institutions may be warming up to crypto, with JPMorgan providing banking services to U.S. exchanges Coinbase and Gemini since April.
In early May, billionaire and hedge fund founder Paul Tudor Jones revealed that he is buying Bitcoin as a hedge against money-printing inflation.
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The 65-year-old revealed that his Tudor BVI hedge fund is handling “a low single-digit percentage” of its total assets in BTC futures, stating: “The best strategy to maximize profits is to have the fastest horse […] If I am forced to forecast, my bet is that it will be Bitcoin.