Former Citigroup Executives to Offer Bitcoin Depositary Receipts
According to a Bloomberg report released on January 4, former Citigroup executives would sell Bitcoin-backed securities. They claim that these securities do not require permission from US regulators. The issuer will launch a “Receipts Depositary Corporation, or RDC,” due to the blatant action. Bitcoin Depositary Receipts, which work similarly to American Depositary Receipts representing international […]