According to a leaked PowerPoint slide, Goldman Sachs, in a May 27 call discussing the U.S. economic outlook, stated that cryptocurrencies are not an asset class. The wording of the slide appears to discourage its clients from investing in the up and coming technology-based asset. This stands in stark contrast to the views of former presidential hopeful, Michael Bloomberg, whose financial reform plan unequivocally called Bitcoin an asset class. {image} Michael Bloomberg’s plan openly acknowledged cryptocurrency as a major asset class. It also called for a transparent regulatory framework: “Cryptocurrencies have ... (full story)