Questions tagged [new business unit]

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GangnamGlitzGlamour GangnamGlitzGlamour Sun Jun 16 2024 | 5 answers 1333

Is Citigroup launching a new business unit in the crypto space?

Could you please elaborate on the rumor that Citigroup is embarking on a new business endeavor within the realm of cryptocurrency? Are there any official announcements or press releases that have confirmed this speculation? If so, what are the key objectives and strategic alignments of this potential new unit? Moreover, how does this align with the bank's existing financial services and will it cater to retail or institutional investors? Finally, could you provide insights on the potential risks and opportunities associated with this potential move by Citigroup into the crypto industry?

Is Citigroup launching a new business unit in the crypto space?

|Topics at Cryptocurrency Q&A

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