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Lloyds Banking Group Is Looking to Hire a Digital Currency Manager
The manager will look to develop business and investments around digital currencies, among other responsibilities.
Updated May 9, 2023, 3:22 a.m. Published Aug 19, 2021, 8:26 p.m.
British retail bank Lloyds Banking Group is seeking to hire a “digital currency and innovation senior manager” to explore investment opportunities, according to a job description posted on the BYP network.
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- The manager will develop payments use cases and initiate business or investments around digital currencies, according to the posting.
- The bank, which has more than 30 million customers, said it is in the middle of investing $4.09 billion into its people, platforms and data with a software engineering-led approach.
- The post highlights that technology is evolving rapidly with the “potential for it to be incorporated into traditional financial services.”
- Lloyds has been cautious about cryptocurrency investing. In 2018, the bank reportedly barred its customers from using credit cards to buy bitcoin and other cryptocurrencies.
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The issuer behind the most popular stablecoin said that if the bid succeeds, it prepares to invest $1 billion in the football club.
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