U.Today - Renowned financial literacy writer Robert Kiyosaki, who is mainly known for best-selling book “Rich Dad Poor Dad,” a major warning about Bitcoin and the U.S. dollar in a recent post on the X platform.
Known for his progressive stance on cryptocurrency, Kiyosaki's post has caused a stir among his followers and the crypto community at large.
He made a point to highlight Citibank's recent advancements in the realm of blockchain, warning about possible repercussions for the largest cryptocurrency.
Citibank's blockchain bet
On Sept. 18, Citibank the introduction of Citi Token Services, a novel system allowing institutional clients to tokenize their deposits. This service operates on blockchain technology, enabling instantaneous global transactions at any time of the day.By using , self-executing programs that run automatically when contract conditions are met, this service streamlines trade processes.