Citigroup CEO Jane Fraser stated that the bank was taking a measured approach to cryptocurrency to understand changes in the digital asset space and the use of distributed ledger technology.
According to the Citi official, Citigroup is considering providing crypto services as the bank expects a “very rapid” increase in interest in bitcoin. According to Citigroup, bitcoin has reached a tipping point and may soon become the preferred currency for international commerce.
Source: MyCryptoParadise