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For the time being, Goldman will direct its efforts toward custody services, where it securely holds crypto assets on behalf of its large institutional clients to ensure those assets are kept safe and secure. Update (September 7 Goldman Sachs CFO Martin Chavez has since called reports of dropping the bitcoin trading desk fake news. With this news, though, Wall Street is going to have to wait a little bit longer, still. At the time, Circle was built specifically to allow bitcoin trading, but the company has since become a payments enterprise and recently acquired cryptocurrency exchange Poloniex. To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Techcrunch Disrupt conference on September 6, 2018, Chavez said the bank is still looking at how to offer services that involve actual bitcoin and never had a timeline. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. "In response to client interest in various digital products, we are exploring how best to serve them in the space. The Wall Street giant has been considering the launch of some sort of cryptocurrency option for clients for the past year. Chavez on Thursday looked to knock down this week's report about the bank dialing back plans, but also make clear that there's never been a timeline for this effort. Goldman Sachs is struggling to find a way to trade bitcoin.