While the South Korean government continues to form regulations concerning cryptocurrency operations in the country, this is no doubt positive and encouraging news, and a step in the right direction.
The cryptocurrency sell-off which has seen Bitcoin drop 10% looks set to extend into its third day, fuelling fears of a full-blown crash. A heavy correction gripped the crypto-market, soon after, with its valuation dropping by $12 billion.
TechCrunch reports that on September 6th, Goldman Sachs CFO Martin Chavez was a guest speaker at the TechCrunch Disrupt Conference in San Francisco, where he said that the Business Insiderreport was "fake news", nothing that the firm hadn't made any internal changes regarding its cryptocurrency activities. The US Securities and Exchange Commission (SEC) has warned that some coins may be regarded as securities and regulated accordingly.
"Their name carries weight across the globe", said Ryan Rabaglia, head trader at digital asset brokerage OSL in Hong Kong, referring to Goldman Sachs.
CFO Chavez revealed that the company is working on a type of Bitcoin derivative, non-deliverable forwards, which will be over the counter derivatives settled in US dollars.
In a recent interview, the Korea Post president revealed that he initiated a discussion with David Solomon, Goldman Sachs' new chief executive, noting, "I asked Goldman to pass on their know-how in the cryptocurrency area".
Some are claiming that the news is likely to keep bitcoin and cryptocurrency down for good - that this was the highlight of digital money's journey towards legitimacy, and the barricades will be too much to handle without Goldman Sachs' help.
Earlier this week, a report suggested Goldman Sachs was backing away from its plans to open a cryptocurrency trading desk, as it was rumored to have meant to do this summer. Customer demands will fuel the new derivative, and the reference price will be the Bitcoin/USD price established by a group of exchanges.
Will other wall street banks also consider crypto offerings for their clients like Goldman Sachs?
"When we talked about exploring digital assets that it was going to be exploration that would be evolving over time", he said. Further, the report said that Goldman was looking at custody solutions for institutional investors.
Of course, Goldman Sachs is already dealing with bitcoin in a roundabout way.
Ultimately, Goldman Sachs are interested in having an institutional grade custodial solution in the long run.
Conveniently, this second staffer partially obstructed the camera's view of the girl who had been wiping her nose with the flag. He told The Daily Beast that he had won VIP tickets and met Trump before the rally started for a photo-op.
Osaka won 59 points to just 28 for the unseeded Tsurenko, who knocked off No. 2 seed Caroline Wozniacki in the second round. Together, Osaka and Nishikori are the first Japanese woman and man to reach the semifinals of the same Grand Slam.
Another explosive was found and removed during a search by the Connecticut State Police and Bridgeport Fire Department. A CT woman may have been channeling Warner Bros. cartoons when she mistook a stick of dynamite for a candle.
Defense Secretary Jim Mattis hung up the phone, according to Woodward , and said: "We're not going to do any of that". Asked on Air Force One whether action should be taken against the Times , Trump said "I'm looking at that right now".
Moon will meet with Kim Jong Un Sept. 18-20 in Pyongyang , then meet with Trump during the United Nations General Assembly. "Chairman Kim especially stressed that he has never talked negatively about President Trump to his staff or anyone else".
The photo appears to have been taken by Ariana , 25, as she stands over him while he sits on a patch of grass gazing up at her. Ariana Grande has shared a touching tribute to her former boyfriend and rapper Mac Miller , one day after his tragic death .
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Donald Trump , asked about that speech during a trip to North Dakota, quipped that he had watched it but fallen asleep. It's a vision that says the protection of our power and those who back us is all that matters", he said.
India also contests Pakistan's claim that the part of Kashmir administered by India is witnessing a "freedom movement". Bajwa said after making the defence strong, it is high time now to wage war against hunger and poverty.
The presidents of Turkey, Iran and Russian Federation on Friday failed to agree on a ceasefire that would forestall an offensive. Hof, diplomat in residence at Bard College in NY and State Department special adviser on Syria during the Obama administration.