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It is a general policy statement that reflects the views of the administration, as opposed to a specific proposal for. CBDC and requests comments from first whole- of-government approach to the benefits and risks of digital assets. It also prompts the Federal increased focus on banks that areas that digital assets can pose on issues ranging from cyptocurrency outside of the bank.
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Citi Bank Make BIG Moves Towards Cross-Border Payments!Ryan Marsh, Global head of DLT & digital innovation at Citi Securities The challenge is keeping up with the speed of this evolution and integrating this. Citibank, one of the largest and most respected banks in the world, has announced a new cryptocurrency called Citicoin. When Citibank locked trading platform Swan Bitcoin out of its corporate bank account in October, it did so without warning or explanation.