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Citi Bank Says In The Future Bitcoin Could Become A Facilitator Of International Trade

Citi Bank has released a report discussing the current and potential future state of Bitcoin, stating the cryptocurrency is the “North Star” of innovation. The report makes numerous claims about Bitcoin’s potential for the future. One of the most notable conclusions in the report is that due to an increasing number of businesses accepting Bitcoin… Read More

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

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