The Citi Group is now hiring 100 people to work in its cryptocurrency division. The banks are looking forward to exploring the cryptocurrency market and delivering cryptocurrency-related services, according to Punnet Singhvi, the head of Citi group's digital unit.
The world's largest credit card issuer, according to City Group's head of business development, wants to investigate blockchain and the digital environment because of its transparency.
This was revealed as a result of Citi's major competitor, Bank Of America, adopting bitcoin services. In the next three years, it is increasingly likely that most large banks will integrate cryptocurrency services into their systems.
The world's largest credit card issuer, according to City Group's head of business development, wants to investigate blockchain and the digital environment because of its transparency.
This was revealed as a result of Citi's major competitor, Bank Of America, adopting bitcoin services. In the next three years, it is increasingly likely that most large banks will integrate cryptocurrency services into their systems.