Goldman Sachs CEO Says Crypto Market Needs Clear Regulations

▲ Cryptocurrency regulation, cryptocurrency law, U.S. Securities and Exchange Commission / AI-generated image

The head of global investment bank Goldman Sachs has urged the U.S. government to establish clear legislation for the cryptocurrency market, emphasizing the urgent need for sophisticated regulatory design to integrate digital assets into the institutional financial system.

According to financial media outlet NewsBTC on February 19 (local time), Goldman Sachs CEO David Solomon attended the World Liberty Forum held at Mar-a-Lago and stated that a clear, rules-based framework must be established to determine how the cryptocurrency market should operate. Solomon explained that when the U.S. Congress drafts cryptocurrency-related legislation, it is crucial to design a sophisticated framework from a long-term perspective to ensure market safety and soundness.

Solomon firmly rejected claims that cryptocurrency can thrive in a regulatory vacuum, asserting that structural oversight is a non-negotiable necessity. He particularly stressed the importance of a clear regulatory framework, stating, “If anyone thinks you can operate a market without rules, they are probably mistaken and should go to El Salvador.” His remarks reflect Wall Street’s stance that while innovation should be embraced, clear guidelines must be established without undermining the stability of the existing financial system.

Goldman Sachs is currently deeply interested in the tokenization and digitalization of digital assets and is actively reviewing related business opportunities. Although cryptocurrencies still account for a relatively small portion of Goldman Sachs’ overall operations, Solomon expressed strong interest in the sector and added that the banking system should function alongside emerging technologies rather than be displaced by them.

The market is now focusing on whether the U.S. cryptocurrency market structure bill will pass. If the legislation is enacted in the first half of 2026, entry barriers for major Wall Street banks are expected to be lowered, potentially triggering a surge in institutional capital inflows across virtual assets, including Bitcoin (BTC). Solomon’s remarks are seen as a positive signal for the approximately 35% of institutional investors who had hesitated to invest due to regulatory uncertainty.

For the cryptocurrency market to evolve beyond mere speculation into a mature financial ecosystem, decisive action from authorities is needed. The fact that major capital players like Goldman Sachs are beginning to move in earnest indicates that digital assets have become an integral part of the mainstream economy that can no longer be ignored. The direction of the global virtual asset market in 2026 is likely to be determined by the regulatory standards set forth by the U.S. government.

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