Citi’s digital asset co-heads resign with plans to create crypto startup
This move follows various other banking veterans making the change from Wall Street to crypto ventures.
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Poll Suggests ECB May Wait Until Q4 to Raise Rates, Several Banks Expect a Series of Fed Rate Hikes This Year
A recently published Reuters poll suggests the European Central Bank (ECB) may wait until the last quarter of the year (Q4) to raise its first interest rate in over ten…
FBI Collaborates With Citibank, Sony, Japanese Authorities to Seize $180 Million in Bitcoin
The Federal Bureau of Investigation (FBI), in collaboration with Citibank, Sony, and Japanese law enforcement, has taken action to “return more than $154 million in funds that were allegedly stolen…
Amex, Visa, Citi, Paypal Invest in Crypto Transaction Monitoring and Forensics Platform
American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of…
Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner
The crypto economy continues to lure top talent from Wall Street. Matt Zhang becomes the latest industry veteran to jump ship.
Citigroup to Hire 100 People for Its Crypto Division: Report
Citigroup is reportedly looking to hire 100 people for its new crypto team. “We believe in the potential of blockchain and digital assets including the benefits of efficiency, instant processing,…
Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO
A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He also hopes that central banks…
Citi’s bullish Coinbase target: ‘Buy crypto’s general store’
Multinational investment bank thinks Coinbase stock is worth 30% more than its current price.