Citi Just Realized It Can’t Beat Bitcoin, Considers Joining Instead

Although Citi has only signaled an interest at this time, a new custody initiative backed by Fidelity could soon see hundreds of U.S.

Citi’s Global Head of Foreign Exchange, Itay Tuchman, said the company is thinking about entering the Bitcoin market.

Tuchman said no decision had been made as to whether it would offer crypto services.

Head of Bank Solutions at NYDIG, Patrick Sells, said discussion with on-boarding big players is still ongoing at the moment.

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