Citigroup Integrates Bitcoin into Traditional Asset Framework

Citigroup, a financial giant managing $25 trillion in assets, is set to incorporate Bitcoin into its $30 trillion traditional asset framework. According to Bitalk News, the company plans to launch infrastructure this year to integrate Bitcoin into the conventional financial system, enabling unified reporting, compliance, and tax processing. As Bitcoin operates 24/7, Citigroup recognizes the need for corresponding digital currencies and systems. Additionally, the firm will offer institutional-grade custody and key management services, allowing clients to avoid managing wallets and private keys themselves.