REUTERS/Brendan McDermid Citi is looking at offering crypto trading services, according to the Financial Times. The bank's global head of foreign exchange said a range of clients have shown interest in bitcoin. Citi will "build something" when it can be supported by regulators and clients, he said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Citi could be the next major bank to enter the digital currency market after surging client interest, the Financial Times reported on Friday.With Goldman Sachs and JPMorgan warming up to cryptocurrencies, other large investment banks are having to look at making them more accessible to the public.Itay Tuchman, Citi's global head of foreign exchange, told the FT services including trading, custody, and financing are under consideration right now.

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BING NEWS:
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    In the wake of dismal U.S. economic data, crypto analyst Michaël van de Poppe forecasted a substantial rally in the altcoin markets. What Happened: On Friday, van de Poppe communicated his optimistic ...
    05/5/2024 - 8:38 am | View Link
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  • Cboe to Wind Down Spot Crypto Trading Platform to Consolidate Services
    Cboe plans to close its spot crypto trading platform by Q3, with cash-settled crypto futures moving to the Cboe Futures Exchange by 2025.
    04/25/2024 - 6:18 pm | View Link
  • ‘All banks to sell’: Citi sounds big four valuation alarm
    A sharp increase in interest rates after the COVID-19 pandemic has squeezed household budgets, and brought the issue to the forefront of politics. Jason South Traders ascribe a 76 per cent chance ...
    04/22/2024 - 5:28 am | View Link
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