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Citigroup has added two executives to its digital assets team



Time:8/17/2022 12:30:07 PM

[Citigroup has added two executives to its digital asset team] Jinse Finance reported that Citigroup has added two executives to its digital asset team Treasury and Trade Solutions (TTS Group): Ryan Rugg and David Cunningham. Rugg will serve as global head of TTS Digital Assets, having previously been a partner and head of IBM's Americas blockchain team. She will be based in New York and report to Carol Grunberg, TTS' Head of Global Partnerships and Innovation.

Cunningham, who most recently served as chief commercial officer at regtech firm Lex Tego, and chairman of cryptocurrency exchange Coinmama, has been named director of digital asset development and strategic partner at TTS. He will be based in Dublin and report to Kunal Bist, Global Head of Strategic Partnerships, TTS.

Other news:

Voice | Citigroup CEO: Governments may soon launch digital currencies: Citigroup (C.N) CEO Corbett said that governments may soon launch digital currencies. (Golden Ten) [2019/10/9]

Citigroup analyst: Nvidia and other semiconductor stocks may bottom out this Christmas: According to Coinspeaker, Nvidia’s market value has shrunk by 50% in the past three months. Citigroup analyst Malik said that semiconductor stocks are forming a bottom. May bottom out at Christmas. In August, Nvidia announced its exit from the cryptocurrency business amid a slowing market. At the time, Collette Kress, Nvidia’s chief financial officer, said: “While we previously expected cryptocurrencies to be meaningful this year, we now expect no contribution going forward.” [2018/12/15]

In the 10-K reports submitted by US financial institutions: only Citigroup did not list "digital currency" as a risk factor: In recent days, Goldman Sachs and Bank of America have submitted 10-K reports to the US Securities and Exchange Commission (SEC) (listed in the US) In the annual report submitted by the company), "digital currency" is listed as a risk factor. JPMorgan Chase has yet to file a 10-K report, but the firm released a report titled "Decrypting Cryptocurrencies: Technologies, Applications and Challenges," which mentions the word "risk" 94 times. On the contrary, Citigroup of the United States did not regard "digital currency and distributed ledger technology" as risks in the 10-K report, but expressed the hope that it can use this technology to improve organizational efficiency. [2018/3/1]

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