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Goldman Sachs Adding Cryptocurrency Derivatives

But initially, at least, bank will not actually trade bitcoins.

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Don’t call Goldman Sachs Group Inc.’s long-awaited bitcoin-trading business a full-fledged desk, and don’t expect it to buy and sell bitcoins, at least at first.

The bank, preparing to pioneer a new cryptocurrency market on Wall Street, plans to start small and offer a limited number of derivatives, according to a person briefed on the decisions. It will trade bitcoin futures in a principal, market-making capacity and will also create non-deliverable forward products.

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