It's unclear whether the review is due to Ripple's acquisition of Metaco last month, while Ripple remains in a legal feud with the SEC.
U.S. banking giant Citigroup is reviewing its partnership with Swiss digital asset custodian Metaco, Bloomberg reports.The SEC sued Ripple in 2020 for allegedly violating security regulations, and the two remain in a legal feud to this day.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Citigroup, a large U.S.-based banking firm, is reviewing its partnership with digital asset custodian Metaco.
The banking giant is undergoing informal talks with other providers, Bloomberg reported citing people familiar with the matter. The crypto firm Ripple agreed to buy Metaco for last month, but it's not certain whether Ripple's purchase is affecting Citigroup's decision to look elsewhere.a partnership with Metaco on June 22, 2023. Citigroup intended to scout what tokenized security custody could look like on its platform, such as blockchain-based stocks or bonds.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg.Citi is reportedly reviewing its partnership with metaco_sa and is in talks with other crypto custodians. By OKnightCrypto.
Read more »
Ripple Case Arguments Used in Coinbase Response to SEC Suit: Pro-Ripple LawyerThis lawyer has stated that Coinbase has been using certain information/experience from Ripple case
Read more »
Broad Ripple Village Association bands together to stop crime, gun violenceAll bars and restaurants in Broad Ripple Village will now close at 1 a.m. until further notice. The reasoning behind the change is to help eliminate the string of violence the Village has recently seen.
Read more »
Scientists have finally 'heard' the chorus of gravitational waves that ripple through the universeScientists have observed for the first time the faint ripples caused by the motion of black holes that are gently stretching and squeezing everything in the universe.
Read more »
Scientists have finally 'heard' the chorus of gravitational waves that ripple through the universeScientists have observed for the first time the faint ripples caused by the motion of black holes that are gently stretching and squeezing everything in the universe
Read more »
Astronomers used dead stars to detect a new form of ripple in space-timePulsars and radio telescopes led NANOGrav researchers to a new kind of gravitational wave that emerges from colliding black holes.
Read more »