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Citi uses Avalanche to price and execute simulated FX trades
8.2.2024
Avalanche recently announced supporting Citi FX solution under project guidance. The network released an official post and tweet to inform users about the development. The post read that Citi leveraged Avalanche to test an app to price and execute bilateral spot FX trades. With Citi’s on-chain...
Octomilky cítí smrt: Po setkání s uhynulými družkami rychleji stárnou a dřív umírají
20.1.2024
Zvířata nepochybně vnímají smrt jinak než lidé, což ovšem neznamená, že ji nechápou vůbec. Ukazuje se, že dokonce i hmyz se s konečností života vyrovnává po svém
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
AvaCloud helps Citi test a unique application
17.11.2023
AvaCloud, an entity affiliated with Ava Labs, granted Citi the privilege of evaluating a pioneering application they had developed. Using a blockchain framework, this application calculates and executes simulated bilateral spot foreign exchange (FX) transactions. AvaCloud is a customized...
Singapore introduces five new pilots to test asset tokenization
15.11.2023
The latest initiatives led by the Monetary Authority of Singapore aim to develop foundational capabilities to scale tokenized markets
Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral
28.9.2023
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?
"Bye Bye" to Bitcoin? Robert Kiyosaki Weighs In on Citibank's Citi Token Services
27.9.2023
On Tuesday, renowned author and financial literacy advocate, Robert Kiyosaki, sparked off a spirited debate in the cryptocurrency sphere with his remarks on the future of Bitcoin and the US dollar.
The author, famed for his best-selling book "Rich Dad Poor Dad," shared his thoughts on the social...
Crypto Biz: Bidding war for SVB Capital, new crypto funds and Citi’s private blockchain
22.9.2023
This week’s Crypto Biz explores SVB Capital bids, new funds from Blockchain Capital, the Hut 8-US Bitcoin merger and Citigroup’s private blockchain
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
Citi Token Services will provide payments, liquidity to institutional customers
18.9.2023
The new blockchain-based service will use tokenized deposits for trading and liquidity services after two pilots
Binance vs SEC: Hearing in Washington, DC, over BAM motion to compel starts now
18.9.2023
The SEC claims Binance has been uncooperative despite the crypto exchange agreeing to a consent order on discovery in the regulator's case against it
Citi Bank Report: Most Global Security Firms Back CBDCs For Faster Payments
23.8.2023
A new research conducted by banking giant, Citi, shows that most financial institutions are leaning toward adopting Central Bank Digital Currencies (CBDCs) for faster global payments.
In its latest edition of the Securities Services Evolution, the bank surveyed 12 financial market infrastructures...
CBDCs seen offering faster settlements by 87% global securities firms: Citi survey
23.8.2023
The year-on-year growing support for digital cash is supported by ongoing domestic pilots and cross-border initiatives taken up by various jurisdictions, CitiBank's survery found
New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test
8.7.2023
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...
Zmizelá ponorka zvýšila prodeje podvodního hororu, vývojář se cítí špatně
25.6.2023
Tragédie ponorky OceanGate Titan, která se s pasažéry ztratila při průzkumu podmořského vraku, významně ovlivnila prodeje hororové hry Iron Lung. Její vývojář David Szymanski se ovšem nechal slyšet, že z toho nemá dobrý pocit
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...
Coinbase stock will be ‘weighed down’ until US rules are clear: Citi
3.5.2023
The investment bank downgraded Coinbase stock to "Neutral" amid the exchange's ongoing battle with U.S. regulators
Coinbase Faced With Too Much Regulatory Uncertainty, Rating Cut to Neutral: Citi
2.5.2023
The bank slashed its price target for the crypto exchange to $65 from $80