CEOs of major American banking institutions are heading to Washington to face legislators’ questions about how they will aid a post-pandemic economic recovery.
Citigroup considers crypto amid surge in customer demand on Wall Street
Trading, financing and custody services are being pursued by the investment bank.
Citi and IADB complete cross-border payment pilot with blockchain tech
IADB disbursed tokenized funds to a recipient in the Dominican Republic using the LACChain blockchain network.
BNY Mellon Announces Crypto Custody and Spies Integrated Services
The world’s biggest custodian bank beats rivals JPMorgan and Citi to the punch.
Citigroup Helping World Governments Build Digital Currencies, CEO Says
Michael Corbat’s multinational banking giant has been calling digital currency all but inevitable since 2014.
Citibank Executive Says Bitcoin Could Pass $300K by December 2021
A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin.
Vanguard Ran Its Digital Asset-Backed Securities Pilot in 40 Minutes
Vanguard and a handful of high-profile players are piloting ways to record the entire lifecycle of an asset-backed security on a blockchain. Here’s why.
Deutsche Telekom, Alibaba Cloud, Citi Join Hyperledger Blockchain Project
Hyperledger has added 16 new members, including Deutsche Telekom, Europe’s biggest telecommunications provider and Alibaba’s cloud computing subsidiary.
IBM, Barclays and Citi Team Up to Launch Blockchain App Store for Banks
Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.
Banks Buy Stakes in Blockchain Startup SETL
Citi joined Credit Agricole, Computershare, S2iEM and Deloitte as shareholders in the blockchain-based payment and settlements startup SETL.
Citi: Bitcoin a Threat to Debit and Credit Card Issuers
Citi suggests that digital currencies may challenge debit and credit card companies if adoption grows.