economy
February 18, 2026
Goldman Sachs CEO Solomon calls rule-based system for crypto 'very, very important'
David Solomon spoke weeks after a Senate panel advanced a cryptocurrency market bill to create a national regulatory structure for crypto.
TL;DR
- Goldman Sachs CEO David Solomon highlighted the extreme importance of codifying a rule-based system for cryptocurrency in the U.S.
- He believes this is essential for operating markets safely and soundly and for the banking system to coexist with technological innovation.
- Solomon's remarks were made at the World Liberty Forum at the Mar-a-Lago club.
- The CLARITY Act, aimed at creating a national regulatory structure for crypto, was recently advanced by a Senate committee.
- Treasury Secretary Scott Bessent also testified in support of the CLARITY Act.
- Disputes over rewards on stablecoins are currently stalling the bill.
- Coinbase CEO Brian Armstrong expressed optimism about the bill's potential to benefit the crypto industry, banks, and consumers.
- Goldman Sachs is involved in digitization and tokenization but states crypto is a small percentage of its business.
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