While tensions surrounding the Clarity Act continue in Bitcoin and altcoins, the Fed yesterday raised its policy interest rate by 25 basis …
Citi
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DBS and Citi have completed the first weekend cross-border USD payment between Singapore and the United States, the banks said in a …
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Markets
Citi, Goldman, other global banks and asset managers team up on stablecoin venture
by shayaanby shayaanThe group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority …
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Finance
Citi Launches Digital Depositary Receipts to Tokenize Private Company Shares
by shayaanby shayaanPrivate company shares still trade through bilateral, paper-heavy processes that keep most investors out of venture-backed growth. Citi is now applying the …
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Markets
Citi plans to launch bitcoin custody for institutional clients later this year
by shayaanby shayaanThe Wall Street bank plans to let clients hold bitcoin alongside traditional assets through its new Custody+ platform. www.coindesk.com
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Markets
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
by shayaanby shayaanPayments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface. www.coindesk.com
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Finance
Fidelity, BNY, Goldman Sachs, JPMorgan, Morgan Stanley, Citi Lead Strategy’s Bitcoin Banking Adoption
by shayaanby shayaanHow the Six Leaders Separated From the Field Strategy’s new Bitcoin Banking Adoption Index put overall adoption at 32%, underscoring how unevenly …
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Wall Street’s Bitcoin expectations have taken another hit. Citi has cut its 12-month Bitcoin target to $82,000 from $112,000, pointing to weaker …
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Markets
JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network
by shayaanby shayaanAmerican’s biggest banks plan to introduce a shared tokenized network next year to tackle the potential threat of stablecoins eating into their …
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Markets
Bitcoin's lack of fresh investors matters more than Strategy's sale, Citi says
by shayaanby shayaanStrategy’s unloading of bitcoin may have rattled markets, but Citi said the bigger issue for BTC is a missing bid from new …