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Goldman Sachs to open a Bitcoin Derivatives Trading Operation

The finance giant Goldman Sachs has announced that the investment bank will begin using its own funds to trade a variety of derivatives contracts tied to the price of Bitcoin with the bank’s large institutional clients. Goldman Sachs has historically maintained a more open mind to cryptocurrency than most of its competitors. Back in January, the investment bank issued a nine-page report to some of its clients entitled “Bitcoin is Money.”

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