Citi exec says fragmented crypto systems risk repeating old banking problems

CoinDesk Staff

(09:23 PM UTC)

1 min read

Tokenized money efforts face limits as corporate clients demand real-time payments that work seamlessly across banks, Citi’s Ryan Rugg said at Consensus in Miami.

Miami Beach, FL — Tokenized money will fail to deliver on its promise if it remains siloed within individual banks, according to Ryan Rugg, Citigroup's head of digital assets for treasury and trade solutions.

Speaking at Consensus in…

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