Overview
- Speaking at the World Liberty Forum at Mar-a-Lago, David Solomon said he owns "very little" bitcoin and described himself as an observer of the asset.
- Solomon called it "very, very important" to codify a rules‑based U.S. framework for crypto and echoed Treasury Secretary Scott Bessent in saying those who reject rules "should move to El Salvador."
- He said Goldman is active in areas like digitization and tokenization but emphasized that crypto remains a small part of the firm’s business and that past overregulation has extracted capital from the system.
- Solomon noted that current rules limit banks from directly holding or trading bitcoin, and reporting indicates Goldman would reassess direct exposure if regulations change.
- The Senate’s market‑structure bill has advanced but stalled over whether firms can pay rewards on stablecoin balances, with Sen. Bernie Moreno expressing hope for passage by April and Coinbase’s Brian Armstrong saying a compromise path exists.