“”¦we are considering the fintechs as well or the regulators around the world as well, including SWIFT,” Gulru Atak. Citigroup had intended to leverage the blockchain technology and issue a digital token. Citigroup is reported to have shelved on its plan to issue a blockchain-based crypto token. According to a report published by CoinDesk, the firm’s chief of innovation lab and global head of innovation for treasury and trade solutions Gulru Atak says that while the blockchain technology possesses the potential to revolutionize industries, there is a lot of other alternatives that are suitable for the fintech sector. Atak told CoinDesk: “Based on our learnings from that experiment we actually decided to make meaningful improvements in the existing rails by leveraging the payments ecosystem and within that ecosystem, we are considering the fintechs as well or the regulators around the world as well, including SWIFT.” Wall Street’s guru journey in the blockchain industry started back in 2015. Citigroup intended to leverage the blockchain technology and issue a digital token that would help the firm streamline its services. It should also be noted that the bank did not at any moment announce its official involvement with the blockchain technology. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next WTI stays sidelined near 2019 peaks just below $59.00 FX Street 4 years ""¦we are considering the fintechs as well or the regulators around the world as well, including SWIFT," Gulru Atak. Citigroup had intended to leverage the blockchain technology and issue a digital token. Citigroup is reported to have shelved on its plan to issue a blockchain-based crypto token. According to a report published by CoinDesk, the firm's chief of innovation lab and global head of innovation for treasury and trade solutions Gulru Atak says that while the blockchain technology possesses the potential to revolutionize industries, there is a lot of other alternatives that are suitable for the fintech sector. Atak told… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
