Goldman Sachs CEO SolomonDavid Solomon has said the company is researching tokenisation and hinted it could consider a stablecoin. He said payment systems were aiming towards stablecoins and to assume that the largest financial institutions were all examining tokens, stablecoins and frictionless payments. David Solomon said regulations will change to respond to the growth of cryptos. He said companies such as Facebook could create new partnerships to avoid the banking regulations it would face if it became a financial institution itself.
Goldman Sachs CEO David Solomon has said the company is researching tokenisation and hinted it could consider a stablecoin. He said payment systems were aiming towards stablecoins and to assume that the largest financial institutions were all examining tokens, stablecoins and frictionless payments. Solomon said regulations will change to respond to the growth of cryptos. He said companies such as Facebook could create new partnerships to avoid the banking regulations it would face if it became a financial institution itself.