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Goldman Sachs CEO David Solomon Revealed He Closely Monitors Bitcoin

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Goldman Sachs CEO David Solomon has revealed that he personally invests in Bitcoin (BTC) to a limited extent, but closely follows cryptocurrencies.

“I Own Very Little Bitcoin, But I Follow It Closely”

Speaking at the World Liberty Forum today, Solomon stated, “I am an observer of Bitcoin,” adding that he is trying to understand the asset’s price movements and market dynamics.

Solomon stated that his personal holdings were quite limited, saying, “I have very little, but still some Bitcoin.” However, he said he viewed digital assets as part of the transformation of the financial system through technology.

While Goldman Sachs has historically taken a cautious approach to digital assets, Solomon rejected the view that there is a “win-lose game” between crypto companies and traditional banks.

“This is a single system, our system,” said Solomon, noting that the transformation in the financial sector is an evolutionary process rather than a conflict. He stated that disagreements are natural in this process, but establishing the right framework is critically important.

Solomon stated that large-scale technology platforms play a decisive role in the evolution of financial markets and that tokenization will occupy a central position in this transformation. “The development of these platforms is having a clear impact. And I think tokenization is extremely important,” he said.

While some major banks (such as JPMorgan Chase and Morgan Stanley) have recently taken more aggressive steps in the digital asset space, Goldman Sachs’ involvement has remained relatively limited. According to Solomon, the main reason for this is regulations.

Solomon jokingly stated, “Until 10 minutes ago, the regulatory framework was extremely restrictive.” However, he signaled that Goldman could take a more active role if regulators allowed the sector more room to maneuver.

Solomon, who also criticized the economic effects of excessive regulation, said, “When you overload this system with excessive regulation, you start to draw capital out of the system. That’s definitely what happened in the last five years.”

On the other hand, the CEO stated that the approach to crypto should be cautious and measured, saying, “This business should be done thoughtfully and done correctly.”

*This is not investment advice.

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