Goldman Sachs CEO David Solomon supported Treasury Secretary Scott Bessent’s criticism of crypto companies like Coinbase during his remarks at the World Liberty Forum in Mar-a-Lago. Bessent had previously called out certain crypto leaders for rejecting a Senate crypto market structure bill, labeling them as “nihilists” who should consider relocating to El Salvador. Solomon echoed these sentiments, emphasizing the necessity of a rules-based system for the crypto industry, stating, “It’s not going to be perfect,” but it is essential for operational legitimacy. This discussion comes as the Senate’s crypto bill remains stalled following Coinbase CEO Brian Armstrong’s withdrawal of support last month.
Goldman Sachs CEO David Solomon backs Treasury Secretary Bessent on crypto bill
