Industry News, Trustworthy Insights

Popular Companies:

Citi: Ex-Executives Launch BTC-backed Securities

A group of former executives from Citi has made a ground-breaking announcement in the world of cryptocurrencies.

Former Citi executives aim to launch Bitcoin-backed securities, bypassing SEC constraints. PHOTO: Vincent Isore/IP3/Getty

They have revealed plans to launch Bitcoin-backed securities that will not be subject to the constraints of the US Securities and Exchange Commission (SEC). This news has captured the attention of crypto market enthusiasts worldwide, especially as the anticipation for a Bitcoin Spot ETF is at its peak.

The newly proposed securities, known as Bitcoin depository receipts, bear a striking

More from Krugman Insights

Industry news used by professionals

Try £4.99 per month

Already a member?
Weekly Digest

All the week’s industry events straight to your inbox.

Before your sign up, please read terms of use and privacy policy.

Trending

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to our terms of use and privacy policy.

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Password Reset

You will soon receive a Reset Password link

FREE Weekly Newsletter

Trusted industry insights used by Professionals

By signing up you agree to terms of use and privacy policy.

Send us your article

[formidable id=3]