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Citigroup CEO Says The Bank Is Helping Governments Around The World Create CBDCs

Citigroup Chief Executive Michael Corbat stated in a Bloomberg interview that Citi Bank is helping governments “around the world” in creating fiat Central Bank Digital Currencies (CBDCs.) While speaking to David Rubenstein at a Bloomberg event, Corbat declared that CBDCs are “inevitable” for the future of money. Adding that, Citigroup, was in the process of… Read More

Spotify Job Offer Insinuates Company Will Begin Accepting Cryptocurrencies

A job offer for Spotify seems to indicate that the company may start accepting cryptocurrencies including stablecoins and Libra (Diem.) The job posting published on jobs.lever.co, a well-known site that companies use for hiring posted an offer looking for an Associate Director in its Payments division specifically for Strategy and Innovation as well as Strategy… Read More

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