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  • Citigroup Debuts Token Service in Latest Foray Into Digital Assets

    From bnnbloomberg.ca

    Citigroup Inc. debuted a token service that’s part of a broader push to offer digital assets to institutional clients. The product — known as Citi Token Services — will transform customers’ deposits into digital tokens that can be sent instantly anywhere in the world, according to a statement Monday. The service is housed in the firm’s treasury and trade solutions division, which has so far focused on using it to improve cash-management and trade-finance capabilities. “The development of Citi Token Services is part of our journey to deliver real-time, always-on, next generation transaction banking ... (full story)

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    From invezz.com|Sep 18, 2023

    Central banks from around the world have been working to create digital versions of their currencies. In China, the People’s Republic of China (PBoC) started testing its digital ...

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  • Posted: Sep 18, 2023 9:22am
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 0  /  Views: 129
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