#Citigroup

Multinational banking and financial services corporation headquartered in New York City; operates consumer banking, investment banking, and wealth-management businesses under the Citi brand.

ForkLog 17 14.04.2021

Study finds Bitcoin network energy use has risen 66-fold since 2015

Bitcoin mining electricity costs have risen 66-fold since the end of 2015, Bloomberg reports, citing a Citigroup Inc. analysts' report.

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ForkLog 6 07.12.2020

Citigroup CEO discusses helping central banks create CBDCs

The financial conglomerate Citigroup is helping governments of various countries in creating central bank digital currencies (CBDCs). This was stated by the organization's chief executive Michael Corbat in an interview with Bloomberg two months before his departure.

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