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Legacy finance discovers stablecoins as JPMorgan, Citigroup consider market entry
15.7.2025
Big banks have been weighing an entry into the stablecoin market as the US Congress debates digital assets regulation
Legacy finance discovers stablecoins as JPMorgan, Citigroup consider market entry
15.7.2025
Big banks have been weighing an entry into the stablecoin market as the US Congress debates digital assets regulation
Legacy finance discovers stablecoins as JPMorgan, Citigroup consider market entry
15.7.2025
Big banks have been weighing an entry into the stablecoin market as the US Congress debates digital assets regulation
Legacy finance discovers stablecoins as JPMorgan, Citigroup consider market entry
15.7.2025
Big banks have been weighing an entry into the stablecoin market as the US Congress debates digital assets regulation
Blockchain could be headed for ‘ChatGPT moment’ in adoption: Citigroup
25.4.2025
Regulatory changes could be the catalyst to spark significant adoption of stablecoins and blockchain tech in 2025, according to investment banking giant Citigroup.“2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in the financial and public sector...
Blockchain could be headed for ‘ChatGPT moment’ in adoption: Citigroup
25.4.2025
Regulatory changes could be the catalyst to spark significant adoption of stablecoins and blockchain tech in 2025, according to investment banking giant Citigroup.“2025 has the potential to be blockchain’s ‘ChatGPT’ moment for adoption in the financial and public sector...
Billionaire Winklevoss Twins-Backed Gemini Confidentially Filed for a U.S IPO: Bloomberg
8.3.2025
Gemini has hired Goldman Sachs and Citigroup for the potential IPO, the report said
Fat Fingers: Citigroup Mistakenly Deposits $81 Trillion to Customer
2.3.2025
$81 trillion was erroneously credited by Citigroup, as the customer was only meant to receive $280. The payment bypassed all Citigroup controls and had to be reversed several hours after its execution, which the bank refers to as a “near miss.” Citigroup Payment Fumble: Erroneous...
Ripple CEO Says Citibank Ended Banking Services Due to His Role in Crypto Industry
24.10.2024
Ripple CEO Brad Garlinghouse shared his ‘debanking experience’ as he said that his personal long-standing Citibank account has…
Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies
10.7.2024
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addressing deficiencies identified in a 2020 order. Citigroup Faces $60.6...
Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions
22.6.2024
Federal authorities have spotlighted critical deficiencies in the crisis management strategies—known as “living wills”—of four major U.S. banks, signaling a push for stronger safeguards against financial turmoil. The Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve...
BlackRock Adds Goldman Sachs, Citigroup, Citadel as APs for Bitcoin ETF
5.4.2024
BlackRock (BLK) has added five additional authorized participants (APs) to the iShares Bitcoin Trust (IBIT), bringing the total number to nine as the fund continues to attract billions of dollars of inflows from investors
Former Citi Executives Launch New Bitcoin Product That Bypasses SEC Approval
7.1.2024
A group of former Citigroup executives has introduced a new product called bitcoin depository receipts. They explained that this crypto product does not need to be registered with the U.S. Securities and Exchange Commission (SEC). The new offering aims to be a “complementary” product...
Citi Alumni-Founded Startup to Offer Bitcoin Securities That Don't Need Green Light From SEC: Bloomberg
4.1.2024
RDC's aim is to address the institutional desire to bitcoin investment that may not be satisfied by a spot ETF
Citigroup Unveils Citi Token Services for Cash Management and Trade Finance
20.9.2023
Citigroup has announced the creation and piloting of Citi Token Services for cash management and trade finance. “Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management and trade finance capabilities,”...
Citigroup Unveils Token Services for Institutional Clients
19.9.2023
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority
Citigroup Launches New Blockchain-Powered Tokenization Service for Institutional Clients – A Boost to Crypto Adoption?
18.9.2023
Major US investment banking conglomerate Citigroup has made its first major foray into the world of crypto and blockchains with the launch of a new token service, as the bank looks to leverage distributed ledger technology (DLT) to improve its product offerings....
Read More: Citigroup Launches...
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
6.7.2023
Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday suggests the system has potential
Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg
30.6.2023
Banking giant Citigroup (C) is reviewing its partnership with crypto custody firm Metaco one month after Ripple Labs announced that it agreed to acquire Metaco for $250 million
Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months
25.5.2023
Citigroup analysts foresee a significant increase in silver’s value, potentially hitting $30 per unit within the next 6-12 months, according to the multinational bank’s latest silver assessment. The experts at Citi predict an ongoing decline of the U.S. dollar and anticipate a decrease...