Goldman Sachs CEO David Solomon expressed support for U.S. Treasury Secretary Scott Bessent’s call for a clear regulatory framework for the cryptocurrency industry during comments made at the World Liberty Forum at Mar-a-Lago. Solomon, who stated he owns “very little” Bitcoin and considers himself primarily an “observer” of the cryptocurrency, echoed Bessent’s criticism of crypto leaders like Coinbase CEO Brian Armstrong, who recently withdrew support for a Senate market structure bill, asserting that the industry requires a rules-based system to operate effectively. The Senate bill has been stalled, with Bessent labeling those opposed to it as “nihilists” who should “move to El Salvador.”
Goldman Sachs CEO David Solomon supports crypto regulation, owns little Bitcoin
