One of the largest banking conglomerates in the US Citigroup has opened the position of vice president and senior vice president in a new division to assess the risks associated with money laundering through bitcoin and other crypto-currencies. According to Business Insider, the announcement of the vacancy is posted on the LinkedIn.
In particular, the duties of senior vice president will include monitoring of the growing digital currency market and AML-analysis of transactions, which will ensure cybersecurity when using cryptocurrency and new payment methods.
Applicants are required to have a certificate confirming professional knowledge in the field of cryptocurrency. The document can be obtained from the results of passing a two-year special course from the Crypto-Currency Certification Consortium.
It is worth noting that unlike Morgan Stanley and Goldman Sachs, Citigroup does not carry out clearing deals with bitcoin futures for customers, and also prohibits buying credit cards using credit cards. Nevertheless, the management of the bank is concerned that bitcoin is often associated with illegal activities and laundering of criminal proceeds.