With Bitcoin, Citibank would issue DARs which its clients will be able to purchase equipped with insurance, protection, transaction monitoring, and other systems that are required by the financial regulators of the US. By investing in DARs, institutions will be able to hold instruments that represent the value of Bitcoin.
Look at this looking good. If it's happen then sure it will be benefit to crypto currency market. Good move and hope for best.
Topic: Citibank is offering crypto custody. - page 5. (Read 17762 times)
You may think it's a good news for the market, but in reality, it isn't for the long term. It is the start of the oligarchy take over and it isn't was what a cryptocurrency is supposed to be, but hey it isn't a problem for the majority of you since you have no problem to be ruled and get crypto regulations
If you think crypto would have any chance of real world use without regulations you are just dreaming..
Regulations are unavoidable, atleast crypto lets you control a lot of aspects yourself.
EDIT: I think this is cool news, opens up a lot of possibilities.
It looks like this is a new step in the crypto world, especially bitcoin. Hopefully, this can have a positive impact in the crypto world
You may think it's a good news for the market, but in reality, it isn't for the long term. It is the start of the oligarchy take over and it isn't was what a cryptocurrency is supposed to be, but hey it isn't a problem for the majority of you since you have no problem to be ruled and get crypto regulations
New york based Citi bank will offer crypto custody solutions to institutional investors, it will provide institutional investors to invest in cryptocurrencies in a fully insured and regulated manner. Link : https://www.ccn.com/citigroup-is-the-latest-bank-to-offer-crypto-custody-heres-how-it-will-affect-the-market/
I agree because this can be a backup if only ETFs are rejected but, I also still don't understand why they still want to implement this cryptocurrency even though the market is still unstable, isn't this a big risk?
Really it's a great news for crypto lovers. This will effect crypto market in a good way and we can see some up movement in crypto market.
Wow! That's cool. This indicates a positive attitude towards bitcoin, and possibly a soon increase in the price.
New york based Citi bank will offer crypto custody solutions to institutional investors, it will provide institutional investors to invest in cryptocurrencies in a fully insured and regulated manner. Link : https://www.ccn.com/citigroup-is-the-latest-bank-to-offer-crypto-custody-heres-how-it-will-affect-the-market/
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