Citigroup Unveils Citi Token Services for Cash Management and Trade Finance
Citigroup has introduced the creation and piloting of Citi Token Services for money administration and commerce finance. “Citi Token Services will integrate tokenized deposits and...
New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test
The New York Federal Reserve and a gaggle of economic establishments introduced the profitable conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which...
Citi Analysts Predict ‘Near-Perfect Conditions’ for Silver’s Ongoing Bull Market; Experts Suggest $30 an Ounce a Possibility
The worth of silver fell 2.85% in opposition to the U.S. greenback final week. However, taking a broader perspective, the dear metallic has made vital...
New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’
Nine main monetary establishments and the Federal Reserve Bank of New York have began to experiment with a digital greenback proof of idea to see...
Citi Analyst Warns of ‘Serious’ Contagion Risk to Crypto Ecosystem From FTX Failure
A Citi analyst has warned of a severe threat of broader contagion to the crypto ecosystem stemming from the collapse of crypto alternate FTX, noting...
Metaverse of Entertainment Expected to Grow to Almost $29 Billion Driven by Consumer Spending by 2026, Study Says
A examine from Technavio, a market analysis agency, has predicted that the world of the metaverse devoted to leisure, together with digital live shows, video...
Citigroup CEO: Europe More Likely to Head Into Recession Than US
Citigroup CEO Jane Fraser warns {that a} recession is extra seemingly in Europe than within the U.S. Nonetheless, she confused that it isn’t straightforward for...
Former Nintendo President States Gaming Companies Are Marching to the Metaverse
Former Nintendo of America President, Reggie Fils-Aimé, believes that the gaming business is steadily going to combine metaverse parts into its video games. Fils-Aimé thinks...
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates
Several main monetary providers corporations, together with Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset expertise supplier Talos, which goals to...
Citi Predicts Metaverse Could Be $13 Trillion Opportunity With 5 Billion Users
Citi has predicted that the whole marketplace for the metaverse financial system might develop to between $8 trillion and $13 trillion by 2030. In addition,...