New York-based global investment banking giant Goldman Sachs has completed an initial assessment of digital currencies that concluded they are currently too volatile for serious investors.
The news comes from noted online news source TechCrunch, which says it obtained a copy of an internal discussion document from a contact at Goldman Sachs.
The excerpts posted by the media outlet provide evidence that Goldman Sachs is currently looking into the currency, though it is uncertain as of now as to its benefits. The bank even went so far as to suggest that it remains confused by the uproar surrounding virtual currencies.
February 21, 2014 at 10:52PM
