In response to FTAF greylisting, many Southeast Asian countries are turning to cryptocurrencies and decentralized finance (DeFi) to make up for lost opportunities in the traditional financial system.
In a bold statement that shows belief in the future of blockchain, Dragonfly Capital is raising a $500 million fund dedicated to early-stage crypto startups.
Naveed Sultan, Global Head of Citi’s Treasury and Trade Solutions, commented: “Across Citi’s Treasury and Trade Solutions we are digitizing our core banking capabilities, processes and platforms, from front to back, to improve the way clients interact with us and use our products and services."
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