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Goldman Sachs bows to clients, embraces ‘digital money,’ bank president says

March 11, 2021

Wall Street bank Goldman Sachs is a doubter no more. This week the president of the storied financial institution, John Waldron, labeled his bank’s ranks “believers” in the future of digital money and blockchain technology.

“We’re big believers in digital money,” he said at the Wolfe Research fintech conference Wednesday. “There’s no question in our mind, there’s going to be more digital commerce, a lot more, an explosion in digital commerce,” Waldron told the Wolfe Research fintech forum, according to a transcript of his remarks. “And digital money will explode likewise.”

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