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Reuters reveals Goldman Sachs restarts cryptocurrency desk amid bitcoin boom

Business & Finance

Reuters exclusively reported that Goldman Sachs Group Inc has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week. The trading desk reboot comes amid growing interest by institutions in bitcoin, which has soared more than 470% over the past year. The largest cryptocurrency is seen by investors and some companies as a hedge against inflation as governments and central banks turn on the stimulus taps. 

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Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Business & FinanceTechnology

Regions: AfricaAsiaEuropeGlobalMiddle EastNorth AmericaSouth America

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Major Global Story

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