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no one’s talking about how Citi’s head of digital assets is all in on blockchain, Wall Street’s getting cozy with crypto, and regulators are
whats next, $CITICOIN or nah 🚀?! can i stake my soul at citi or just my crypto 😵
citi sees blockchain as more than just a tech trend: it’s a strategic move in response to the evolving financial landscape. the synergy between traditional finance
When Satoshi Nakamoto introduced Bitcoin in 2008, he aimed to create a decentralized currency in response to the financial crisis. Now, the crypto industry is increasingly intertwined with Wall Street. Citi’s head of digital assets notes the growing synergy between the sectors. Wall Street’s interest in digital assets grew as Bitcoin and Ethereum gained value. Despite regulatory challenges, blockchain technology is seen as a game-changer. Citi’s use of blockchain for payments showcases its potential. Regulatory developments are encouraging wider blockchain adoption by financial institutions.
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