Citigroup Executive Steps Down To Explore Crypto

Quick Summary:

Citigroup executive Shobhit Maini has resigned from his post as the global head of digital assets in the bank’s markets division.

The test involved working with Wellington Management and WisdomTree, thus underlining the bank’s efforts to incorporate blockchain into the traditional financial industry.

While the bank has been pushing forward with its blockchain initiatives, the bank has faced challenges, including accusations of money laundering activities.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News Blockchain Citigroup

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-12 @ 21:58:50 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 396 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22049299

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Main Topics: Crypto

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News Last Updated: 10 hours ago

Coverage Areas: India

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