PANews reported on December 11 that according to Reuters, in an interview, when asked whether Goldman Sachs could start trading cryptocurrencies, David Solomon, CEO of Goldman Sachs Group, said that regulations need to be changed to allow the bank to do so. Solomon said: "You have to ask the regulators about this question. Currently, as a regulated banking institution, we are not allowed to hold cryptocurrencies such as Bitcoin; we provide advice to clients around these technologies and these issues, and will continue to do so, but from a regulatory perspective, our ability to take action in these markets is currently extremely limited."