A number of banks revealed plans to issue their own tokens, following JPMorgan Chase’s move.
Citi News
Citigroup is an American transnational financial services corporation established in 1812 and headquartered in New York. Citigroup is the fourth largest of the American banks and a systematically important bank for the U.S. and world economy. Citigroup’s revenue is currently more than $71.5 billion. Citibank is a part of Citigroup that specializes on consumer financial services. Some major Citibank branches are the American and Mexican branches, but Citi also has its branches in Russia, India, the UAE and some other countries. Citigroup’s blockchain research and development were some of the first in the banking and financial services sector. Citi and Nasdaq announced an agreement that implemented blockchain in global banking in May 2017. This agreement authorizes Citi to transfer funds into Nasdaq’s blockchain platform that is used for buying and selling shares of private companies.
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Open source initiative Hyperledger has announced 12 new members including Alibaba Cloud, Citi and Deutsche Telekom, among others.
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Crypto exchange and wallet Coinbase has hired former Wall Street exec and banking regulator Jeff Horowitz as its new Chief Compliance Officer.
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by Nina Lyon
The WEF was dedicated to the Fourth Industrial Revolution and FinTech. The World’s financial and banking giants again shared their attitude to Bitcoin and Block...
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by John Frost
How to avoid CIA’s spying in China and USA to keep privacy and secrets in business? Cointelegraph asked Daniel Dabek.
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by Diana Ngo
Banking giant Citigroup, has developed 3 blockchains and a test cryptocurrency dubbed 'Citicoin' to run across them.
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by Joseph Young
CitiBank, JPMorgan Chase & Co, HSBC Holdings PLC and Bank of America Corp. are deeply involved in the bribes, kickbacks and laundering money schemes of some top...
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by Tom Jackson
Leading global bank Citi has called on the government of the United Kingdom (UK) to adopt a digital form of legal tender to reduce the cost of moving money, inc...
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