Goldman Sachs CEO holds small amount of BTC, eyes bigger role if regulations ease

Goldman Sachs CEO David Solomon said he personally owns a very small amount of Bitcoin and that the bank would consider more active participation in the crypto market if regulations are relaxed. Speaking at the World Liberty Forum, Solomon stated that he is closely monitoring Bitcoin as part of a broader interest in how technology is reshaping finance, CoinDesk reported. He described himself as an observer trying to understand the asset's movements. Solomon added that the evolution of the market is being driven by large technology platforms, and he expects tokenization to play a key role. He dismissed the notion that traditional banks and crypto companies are in a zero-sum game, stating they are distinct systems that simply need to operate in the correct manner. When asked why Goldman Sachs has been less involved in the crypto space compared to rivals like JPMorgan and Morgan Stanley, Solomon attributed the decision primarily to regulation. He noted that the regulatory framework was overly strict until recently and suggested that Goldman Sachs could reassess its position if authorities begin to grant firms more discretion.