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VanEck's Matthew Sigel says Citi Bitcoin custody may slip after Binance hack

NewsFeeds update

VanEck digital asset research head Matthew Sigel says Citi had planned to launch institutional Bitcoin custody last week, possibly delayed by the Binance hack. Citi said on 18 August its Custody+ platform would hold Bitcoin for institutions this year, which Sigel says would make it the sixth of 29 global systemically important banks to offer or announce such a service.

BitcoinPANewsAIBearish

Read the original on PANews

The story so far: Citi Bitcoin custody and ETF push

VanEck's Matthew Sigel said Citi had planned to launch institutional Bitcoin custody last week, possibly delayed by the Binance hack; Citi's Custody+ platform was announced in August. Citi Wealth is now pitching spot Bitcoin ETFs to clients, and Sigel said he heard the Binance hack delayed the Custody+ service, which…

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  1. VanEck's Matthew Sigel says Citi Bitcoin custody may slip after Binance hack

  2. Citi Wealth pitches spot Bitcoin ETFs to clients

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