Senator Elizabeth Warren has called for bold action from regulators, urging the acting head of the Office of the Comptroller of the Currency (OCC) to address Citibank’s persistent operational failures. Warren stated that Citibank may be “too-big-to-manage,” citing years of regulatory missteps and mishandled reforms, despite ongoing penalties. The letter suggests that breaking up the…
Citi has filed a new patent detailing a system for facilitating a double-layer restriction subnet architecture related to the bank’s development on Avalanche. AVAX has been consolidating right below the key resistance level at $28, which analysts say indicates an impending bullish breakout. Citi, one of the world’s largest financial institutions, is expanding a project…
In what is a massive development for Solana, both Franklin Templeton and Citi announce plans to adopt the network. Specifically, both companies have unveiled plans to utilize the blockchain for the launch of various financial services. The plans reinforce the popularity of the network. Solana has long been revered for its speed and cost-effectiveness. Those…