Citigroup is working on a new service that will let investors keep bitcoin in the same kind of secure account they use for stocks and bonds. The idea is to make the digital currency feel as safe and easy to manage as any other asset. The bank’s chief of digital‑asset custody said the new offering w
Citi is gearing up to weave Bitcoin into its everyday banking services. The bank’s chief of digital asset custody, Nisha Surendran, told attendees at a strategy conference that they will soon launch a system to keep Bitcoin safe and easy for big‑money clients. The new service will let customers h
Tokenization is making waves in finance, but not in the way you might think. It's not about wild speculation or get-rich-quick schemes. Instead, it's about making the financial system work better. Think faster transactions, fewer middlemen, and more transparency. It's like giving old financial proce
Citi's Chief Financial Officer (CFO), Mark Mason, has announced his departure from the role, marking a significant shift within the company. Mason, who has been with Citi for over two decades, will step down in early March. He will take on a new position as executive vice chairman and senior executi
Cities are looking for ways to fight climate change. One big idea is to plant more trees. But just planting trees anywhere isn't enough. The right spots can make a big difference. A new study shows how AI can help find the best places to plant trees in cities. This can help cities capture more carbo
Cities are getting hotter, and plants are supposed to help. But it's not that simple. In some places, plants can make things worse. This is a big deal because more than half the world's people live in cities. And cities are getting hotter because of something called the urban heat island effect. Sc
Cities are changing fast. But how do these changes affect people's lives? A recent study looked into this. It checked how things like dirty air, busy roads, and not enough parks might lead to more drinking. The study covered 43 cities in China. It found that where you live can really change your hab
Tokenization is a hot topic in finance. It involves using blockchain to represent real-world assets like stocks and bonds. This allows for fractional ownership and easier trading. Many people think this change will happen quickly. But not everyone agrees. Sidney Powell, co-founder of Maple Finance,
Citi has updated its list of favorite crypto-related stocks. Even though crypto prices have been going up and down, the bank still believes in these companies. Circle, the company behind the USDC stablecoin, is Citi's top pick. Even though its stock price has dropped a lot, Citi still thinks it's w
Cities are getting bigger, and so is the traffic mess. Predicting how traffic moves is tricky because it changes all the time. Weather, events, and other stuff make it even harder. But now, there's a new tool called STAC-Net that might help. STAC-Net is like a smart brain for traffic. It uses fancy
