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Citi News

Citigroup is an American transnational financial services corporation established in 1812 and headquartered in New York. Citigroup is the fourth largest of the American banks and a systematically important bank for the U.S. and world economy. Citigroup’s revenue is currently more than $71.5 billion. Citibank is a part of Citigroup that specializes on consumer financial services. Some major Citibank branches are the American and Mexican branches, but Citi also has its branches in Russia, India, the UAE and some other countries. Citigroup’s blockchain research and development were some of the first in the banking and financial services sector. Citi and Nasdaq announced an agreement that implemented blockchain in global banking in May 2017. This agreement authorizes Citi to transfer funds into Nasdaq’s blockchain platform that is used for buying and selling shares of private companies.
Citi executive believes the key to mainstream adoption of Blockchain technology is the introduction of state-backed virtual currencies.
Digital Dollars and Digital Pounds, Citi Executive Believes Digitized Fiat Currency is Key to Blockchain Adoption
Joshua Althauser
2017-09-02T01:19:00+01:00
8985
While trying to leverage technology for a public good, Citigroup is reaching out to some of the most prominent fintech players.
Facebook, IBM, Microsoft, Others To Help Use Blockchain for Public Good
Alicia Naumoff
2017-02-21T16:25:00+00:00
1778
Amid India’s sudden currency reforms, cash is facing a global crackdown as governments move to take control over transactions, the paper in citizens’ pockets.
Cash Wars: Paper in Focus as Governments Seek More Control
William Suberg
2016-11-21T16:17:00+00:00
549
Citi’s new digital wallet will compete directly with PayPal, Apple Pay and others to provide online, in-app and in-store payment needs.
Citi Introduces Global Digital Wallet, First Launch in Singapore, Australia and Mexico
Olusegun Ogundeji
2016-11-11T14:08:00+00:00
1027
The WEF was dedicated to the Fourth Industrial Revolution and FinTech. The World’s financial and banking giants again shared their attitude to Bitcoin and Block...
Davos Showdown: Bitcoin vs Blockchain
Nina Lyon
2016-01-24T12:47:00+00:00
923
How to avoid CIA’s spying in China and USA to keep privacy and secrets in business? Cointelegraph asked Daniel Dabek.
CitiBank Trader Created Safe Exchange To Avoid the CIA’s Spying In China And USA
John Frost
2016-01-07T11:15:00+00:00
3431
Former Secret Service agent Shaun Bridges plead guilty to stealing over US$800,000; a Goldman Sachs global investment research analyst praised blockchain techno...
SEP 1 DIGEST: Silk Road Investigator Pleads Guilty to Bitcoin Theft; Goldman Sachs Analyst Says Blockchain Will Change Asset Ownership
Aaron van Wirdum
2015-09-01T13:12:00+01:00
519
Greece finance minister, Yanis Varoufakis, resigns after Greece votes 'No'; Mt. Gox Trustee, Nobuaki Kobayashi, extends deadline for filing claims to July 29 ...
JUL 6 DIGEST: Yanis Varoufakis Resigns after Greece Votes 'No,' Mt. Gox Trustee Extends Claim Filing Deadline
Daniel O. Nyairo
2015-07-06T13:00:50+01:00
835

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