Banks have a growing cryptocurrency problem. But, it is not what you think. Internal trading desks and a broadening array of clients are coaxing senior management at big banks to launch crypto-centric services. As covered previously, banking institutions have often obliged this request.
Citigroup and its executives are similarly optimistic about these digital tokens. Jane Fraser, CEO at Citi Group, recently conveyed the same during an interview. “Digital assets will be part of the future of financial services and financial markets,” she said.
“Real-time payments are both, both in the sense that they’re frictionless and they’ll become more global. They’ll become ubiquitous. [They] will be here in the near term, and digital currencies may be
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