SEC opens investigation into Circle
The U.S. Securities and Exchange Commission (SEC) has opened an investigation into Circle. The matter is described in documents published on October 4.Refers to a round shape or a group of people with shared interests.
SEC opens investigation into Circle
The U.S. Securities and Exchange Commission (SEC) has opened an investigation into Circle. The matter is described in documents published on October 4.
Circle chief urges not to imitate China on crypto regulation
The United States and other Western countries have two ways to respond to China’s actions regarding cryptocurrencies and blockchain: to imitate Beijing or to oppose it, in line with the values of the 'open internet'. This was stated by Circle CEO Jeremy Allaire, urging the second option.
USDC issuer to shift reserves into cash and U.S. Treasuries
The USD Coin (USDC) reserves from the Centre consortium, which includes Circle and Coinbase, will consist solely of cash and U.S. Treasury bills.
Circle to become a national full-reserve digital-currency commercial bank
Circle will become a 'commercial cryptocurrency bank with full-reserve banking', whose activities will be regulated in accordance with the risk-management requirements of the Federal Reserve System, the U.S. Department of the Treasury, the OCC and the FDIC.
Circle to raise $546 million in follow-on stock offering to acquire Concord Acquisition Corp
Circle will conduct a follow-on stock offering worth more than $546 million for a deal with SPAC Concord Acquisition Corp, through which the cryptocurrency company would go public.
Circle discloses details of USDC reserves
The majority of USDC stablecoins are backed by US dollars. The remaining coins are backed by bonds and other highly liquid assets.
Mastercard to simplify crypto-to-fiat conversion
Mastercard plans to expand its crypto card program to simplify converting digital assets into fiat.
Circle to go public via SPAC merger, valued at $4.5 billion
Circle will go public via reverse merger with SPAC Concord Acquisition Corp. The cryptocurrency company's shares will list on the New York Stock Exchange under the ticker CRCL.
Circle raises $440 million from FTX, DCG, Fidelity and other investors
The cryptocurrency company Circle closed a $440 million financing round. The investments came from FTX, Digital Currency Group, Fidelity Management, Valor Capital Group and other venture firms.
Circle unveils payment solution for NFT marketplaces
The cryptocurrency company Circle announced a payment solution for NFT marketplaces and NFT providers.We use cookies to improve the quality of our service.
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