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Bitcoin

NYSE Started Trading Bitcoins

As Goldman Sachs announced to open a Bitcoin trading platform on Wall Street, many other investment giants and some of the biggest names from financial district on Wall Street are also changing their views and opinions about cryptocurrency in general and specifically Bitcoin as it is the biggest crypto coin in the industry. According to some experts on Wall Street, Intercontinental Exchange (ICE) is planning to start an online trading platform in New York Stock Exchange (NYSE) for large investors to invest in Bitcoin to HOLD it.

Many experts predict that crypto exchange project from Goldman Sachs and ICE will not be very successful due to the unregulated status of cryptocurrency and the details of their trading platforms have not been publicized yet. Moreover, the Wall Street investor is very reluctant to invest in crypto because of its legality under the existing laws.

Even though Goldman Sachs and ICE are considering crypto platform in Wall Street where they can buy crypto for the exchange of USD, this exchange will be a little bit complicated as it is not regulated yet. Another investment giant on Wall Street Nasdaq is planning to become a crypto exchange as soon as the crypto industry matures. On the other hand investment guru, Warren Buffett and Bill Gates are not very optimistic about Bitcoin and cryptocurrencies.

Muhmmad Furqan

Furqan is a financial markets expert. A regular trader of cryptocurrencies and hold some investments in Bitcoin, Stellar, IOTA and OST. Contributes with latest industry insights. Contact the editor at editor.opinions@blockpublisher.com

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