Citigroup is awaiting regulatory approval to trade CME Bitcoin futures with some of its biggest clients and monitoring developments in the crypto space.
While further regulatory approvals for these products are not a requirement, ensuring full regulatory comfort is of “utmost importance” in the bank’s view, a Citi spokesperson told SRP. “We are presently considering products such as futures for some of our institutional clients, as these operate under strong regulatory frameworks,” said the spokesperson. “Given the many questions around regulatory frameworks, supervisory expectations, and other factors, we ar
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