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http://www.shutterstock.com/pic-284495540/stock-photo-hong-kong-may-citibank-sign-installed-outdoor-citibank-is-a-banking-division-of.html

Citi Has Scrapped Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency

Ian AllisonMar 18, 2019

Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It's easier to rely on SWIFT.

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