Citi


Finance

Citi Completes Cross-Border Payments Pilot Using LACChain

Citi teamed with the Inter-American Development Bank to send cross-border payments between the U.S. and Latin America.

Payments went from IDB’s headquarters to a recipient in the Dominican Republic.

Markets

Citi: Bitcoin at 'Tipping Point' as Institutions Come on Board

Looking forward, a Citi report suggests bitcoin could "become the currency of choice for international trade."

Citibank (TungCheung/Shutterstock)

Finance

BNY Mellon Announces Crypto Custody and Spies Integrated Services

The world’s biggest custodian bank beats rivals JPMorgan and Citi to the punch.

BNY Mellon

Markets

Citigroup Helping World Governments Build Digital Currencies, CEO Says

The multinational banking giant has been calling digital currency all but inevitable since 2014.

Citigroup CEO Michael Corbat said sovereign digital currency is inevitable.

Markets

Citibank Analyst Says Bitcoin Could Pass $300K by December 2021

A senior executive at U.S. financial giant Citibank has released an internal report drawing on similarities to the 1970s gold market and bitcoin.

Citibank (TungCheung/Shutterstock)

Finance

Vanguard Ran Its Digital Asset-Backed Securities Pilot in 40 Minutes

Vanguard and a handful of high-profile players are piloting ways to record the entire lifecycle of an asset-backed security on a blockchain. Here's why.

(Piotr Swat/Shutterstock)

Markets

Deutsche Telekom, Alibaba Cloud, Citi Join Hyperledger Blockchain Project

Hyperledger has added 16 new members, including Deutsche Telekom, Europe's biggest telecommunications provider and Alibaba's cloud computing subsidiary.

deutsche telekom

Markets

IBM and FX Giant CLS Team Up to Launch Blockchain App Store for Banks

Announced Monday, LedgerConnect is the offspring of bank-owned currency trading utility CLS and enterprise software giant IBM.

IBM

Markets

Banks Buy Stakes in Blockchain Startup SETL

Citi joined Credit Agricole, Computershare, S2iEM and Deloitte as shareholders in the blockchain-based payment and settlements startup SETL.

setl

Markets

Citigroup CEO: Bitcoin Threat Will Give Rise to State Cryptocurrencies

Citigroup CEO Michael Corbat has predicted that state-sponsored digital currencies will arise from the threat posed by bitcoin.

Michael Corbat