A recent Bloomberg report revealed that a group of former Citigroup executives had introduced an investment offering called Bitcoin (BTC) depositary receipts (BTC DRs). These securities, backed by the largest cryptocurrency in the market, are being positioned as an alternative to spot-Bitcoin exchange-traded funds (ETFs) that require approval from US regulators. The startup behind this […]
Startup Founded By Ex-Citigroup Execs To Launch Bitcoin-Backed Securities | Bitcoinist.com
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