{"id":42052,"date":"2021-05-07T09:41:56","date_gmt":"2021-05-07T06:41:56","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42052"},"modified":"2025-08-30T21:30:34","modified_gmt":"2025-08-30T18:30:34","slug":"citigroup-does-not-rule-out-launching-bitcoin-trading-and-custody-services","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/citigroup-does-not-rule-out-launching-bitcoin-trading-and-custody-services\/","title":{"rendered":"Citigroup does not rule out launching Bitcoin trading and custody services"},"content":{"rendered":"

The financial conglomerate Citigroup is considering the possibility of launching cryptocurrency trading and custody services. This was stated by Itai Takman, head of the bank’s currency operations division, in an interview with Financial Times<\/a>.<\/p>\n

<\/p>\n

He said that since August 2020, large Citibank clients have been actively showing interest in Bitcoin. However, the conglomerate will roll out new services once it develops a useful toolkit supported by regulators, the organization\u2019s spokesperson added.<\/p>\n

\n

\u201cI don’t have FOMO [fear of missing out], because I believe that cryptocurrency isn’t going anywhere, and that we are only at the very beginning. This is not a space race,\u201d Takman said.<\/p>\n<\/blockquote>\n

The Bank of New York Mellon, the oldest US bank, previously announced adding to its list of Bitcoin-related operations<\/a> and other cryptocurrencies. The organization also acknowledged<\/a> that its emphasis on gold rather than the first cryptocurrency was mistaken.<\/p>\n

In February 2021, the financial holding JPMorgan Chase said it was ready<\/a> to add Bitcoin support if there was demand.<\/p>\n

Earlier, JPMorgan CEO Jamie Dimon acknowledged<\/a> clients’ interest in digital gold.<\/p>\n

Subscribe to ForkLog news on VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Citigroup is considering the possibility of launching cryptocurrency trading as well as custody services. This was stated by Itai Takman, head of the bank’s currency operations division.<\/p>\n","protected":false},"author":1,"featured_media":42053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1798],"class_list":["post-42052","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-citigroup"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42052","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=42052"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42052\/revisions"}],"predecessor-version":[{"id":42054,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/42052\/revisions\/42054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/42053"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=42052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=42052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=42052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}