Goldman Sachs Sees Regulations Driving Institutional Crypto Investment

Goldman Sachs’s head of digital assets, Mathew McDermott, believes clear regulatory frameworks will encourage institutional investments in cryptocurrency markets. Speaking at Token2049, he emphasized that these regulations would enable large financial institutions to confidently allocate capital within the crypto sector, ultimately accelerating its growth. He specifically pointed to the potential for two pending US stablecoin bills to significantly boost the adoption of digital currencies.