Citigroup CEO: “Digital currency creation by banks is inevitable”
The CEO of the international financial conglomerate Citigroup, Michael Corbat, reported on engaging with several governments to develop digital currencies. Corbat believes that in the near future there will be “inevitable” independent digital currencies created with the participation of banks, so such assets will hardly be called “cryptocurrencies.” Citigroup began to study issues related to the development of digital currency and its introduction into circulation. However, Korbat did not disclose with which states the bank…
