Every week we make a digest about the most significant news in crypto with bloggers and crypto community members, but this week we decided to find out what companies’ representatives and media think about all things crypto.
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Projects And Updates
📌 European Bitcoin Exchange BL3P To Remove Litecoin (LTC)
Netherlands based Bitcoin exchange BL3P decided to remove LTC from the platform from May, 10, 2021. From this date users won’t be able to trade LTC or to send the assets on their BL3P account, if there still will be any LTC remaining they will be converted to BTC and added to users Bitcoin balance on BL3P. Litecoin was added to the platform in 2017 and was often used as a cheap way to perform transactions between exchanges. But after Segwit was activated on the Bitcoin network making it more efficient, BL3P doesn’t see the need of LTC anymore and wants to focus on Bitcoin and similar concepts.
📌 Goldman Sachs Looking To Step In The Crypto Offering Pool By 2nd Quarter
Goldman Sachs bank is planning to offer digital assets to its clients as a part of private wealth management services by the second quarter of 2021. The private wealth services are focused on working with investors with more than 425 million to put it, and as the crypto market continues to grow rapidly Goldman Sachs doesn’t want to miss the trend and considers it as a way for successful expansion. According to the report, the bank may offer Bitcoin investments funds similar to the competitor Morgan Stanley bank. Mary Rich will lead this direction, as she will be working with the clients, helping them with having a full picture of the possibilities of the crypto investments.
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