Financial Services

The exchange will convert USDC and three other stablecoins to its own stablecoin, Binance USD.

A regulatory agency review of its most recent audit uncovered problematic processes regarding revenue recognition.

It will disrupt the bank’s plans for digital expansion, growth in the US, and drive for a younger customer base.

The programs are a part of Project REACh and can help Citi make up for potential losses in the event of an economic downturn.