Citigroup has released a report stating that mass adoption of cryptocurrencies will be driven by central bank digital currencies (CBDCs) and tokenization. The report notes that CBDCs and tokenization have the potential to revolutionize the financial system, and to provide businesses and individuals with greater access to digital assets and blockchain technology.

The report from Citigroup is a positive development for the cryptocurrency industry, as it underscores the potential for blockchain technology and other emerging technologies to drive innovation and growth in a variety of sectors. The use of CBDCs and tokenization can help to provide greater transparency and accountability in the financial system, and can also help to drive adoption and usage of digital assets among businesses and individuals.

(By Liam J. Kelly)