Tag: circle

Jan 25 2023

Circle blames SEC for failed plan to go public

Jan 25 2023 Published at CryptoSlate under tags  circle regulation sec

Stablecoin issuer Circle blamed the U.S. Securities and Exchange Commission (SEC) for its failed public-listing plan, Financial Times reported on Jan. 25. The USDC issuer said the financial regulator failed to approve its S-4 registration before the expiration of its $9 billion special purpose acquisition company (SPAC) deal. The S-4 registration allows companies to offer new shares upon approval by the SEC. A...

Circle (USDC) Points Finger At SEC For Sinking $9 Billion SPAC Agreement

Circle's SPAC deal meant to take the USDC issuer public was delayed by the SEC until the agreement expired in December 2022.

Jan 17 2023

Circle CEO Jeremy Allaire – “More Insolvencies Likely In 2023”

Jan 17 2023 Published at Coingape under tags  circle jeremy allaire news usd coin

Circle CEO Jeremy Allaire on Tuesday said the crypto market will witness more insolvencies in 2023 as companies continue to struggle in the early. However, he remains optimistic about technological developments in the market and an uptick in the crypto adoption rate in 2023 due to progress in regulatory frameworks and rules. More Insolvencies in The post Circle CEO Jeremy Allaire - "More...

Dec 05 2022

Circle’s merger with SPAC Concord breaks down

The development means that Circle will not go public by acquiring Concord as previously planned. Circle said the deal did not go through because they could not meet a key SEC deadline.

Breaking: USDC Issuer Circle Terminates SPAC With Concord

Dec 05 2022 Published at Coingape under tags  circle crypto market news

Circle SPAC Termination News: Circle Internet Financial, the company behind stablecoin USDC, on Monday officially announced it was terminating its special purpose...

Nov 16 2022

USDC Issuer Circle Rolls Out Support for Apple Pay

Key takeaways: USDC stablecoin issuer Circle has launched support for Apple Pay Apple Pay integration makes it easier for crypto-native businesses to accept payment from customers that don’t use crypto...

Circle adds Apple Pay support

Nov 16 2022 Published at Coinscreed under tags  apple pay circle crypto news stablecoin

Stablecoin issuer Circle has integrated Apple Pay support to benefit traditional businesses by allowing them “to shift more retail payments to digital currency.” To bridge the gap between cryptocurrency and conventional payment methods, Circle, the creator of the USD Coin stablecoin linked to the US dollar, has added support for Apple Pay. The announcement was […] The post...

USDC Stablecoin Issuer Circle Has Allowed Businesses To Use Apple Pay

Nov 16 2022 Published at Bitcoinist.com under tags  btcusd btcusdt circle crypto news usdc

USD Coin Issuer Circle has mentioned that Apple has now allowed and enabled crypto payments that will be using stablecoin on their payment platform. Merchants who accept the USDC will now be able to do so with the help of Apple Pay. It will be now possible to interact with Apple Pay for merchants who are open to accepting Circle's USDC...

Nov 15 2022

Breaking: Crypto Payments With USDC Now On Apple Pay

Nov 15 2022 Published at Coingape under tags  apple circle crypto payments news

Crypto payments in Circle's USDC will now be offered for select businesses on Apple Pay. The payments will be enabled for quick checkout for regular digital payments mode,...

Nov 10 2022

Following FTX Turmoil Sen. Warren Calls For Aggressive SEC Enforcement

Nov 10 2022 Published at Bitcoinist.com under tags  binance cftc circle coinbase doj

Predictably, the collapse of FTX has put U.S. regulators on notice. Both the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have launched investigations into the business practices of FTX. As the Wall Street Journal...

Nov 09 2022

FTX News: Circle, OKX and Other Firms Deny Debt Exposure To FTX, Alameda Research

Nov 09 2022 Published at Coingape under tags  alameda research binance circle news

The global crypto market registered a massive plunge on Wednesday due to the increased volatility due to Binance’s massive announcement of acquiring FTX. However, the top digital asset firms have come...

Tether, Circle deny exposure to FTX, Alameda

Nov 09 2022 Published at CryptoSlate under tags  alameda circle ftx stablecoins tether

The issuers of the two largest stablecoins, Tether and Circle, have distanced themselves from the FTX situation, saying they have no exposure to the struggling crypto exchange or Alameda Research. Tether distances self Tether’s CTO Paolo Ardoino said in response to a Wu Blockchain tweet that the USDT issuer had no exposure to FTX or Alameda....

Circle’s USDC And Tether Are Safe Amid FTX Mayhem, CEOs Confirm

Nov 09 2022 Published at Bitcoinist.com under tags  binance circle ftx tether usdc

Amidst the mayhem surrounding FTX and the Binance deal, there are currently numerous rumors circulating about possible contagion effects. If the takeover by Binance does not materialize, effects similar to the demise of Celsius and Terra Luna could loom. At that time, other well-known companies such as...

Nov 07 2022

Circle’s Euro-Backed Stablecoin, Euro Coin, To Be Launched on Solana in Early 2023

USD Coin issuer Circle has announced that its recently launched Euro-backed stablecoin Euro Coin will available on Solana. The company published a press release on November 6, stating that the Euro Coin would arrive on the Solana network in early 2023. The press release highlighted that native support of Euro Coin and access to the Cross-Chain Transfer Protocol would happen on Solana in...

Nov 04 2022

Circle Begins Funding Its Reserve Fund, Aims To Fill It In 2023

Nov 04 2022 Published at Coinscreed under tags  circle news stablecoin

BlackRock oversees the management of the Circle Reserve Fund, which is in the custody of Bank of New York Mellon. The company that launched USD Coin (UDSC), Circle, said that it has started investing some of its funds in Circle Reserve Fund, which was established earlier through a cooperation with the biggest asset manager in […] The post...

Nov 03 2022

Paxos And USDC Issuer Circle Receive Regulatory Approval From Singapore

In a recent development, the stablecoin issuers Circle and Paxos have received approvals in Singapore. According to the report, the Monetary Authority of Singapore (MAS) signed the licenses for the firms. Regulatory licenses and approvals have become mandatory in almost all jurisdictions for crypto-related companies. Most countries are using regulatory approvals as a measure to monitor and control the operations of the firms....

Nov 02 2022

Breaking: Circle Receives Major Crypto Payments Institution License In Singapore

Nov 02 2022 Published at Coingape under tags  circle news singapore usd coin

USDC stablecoin issuer Circle Internet Financial receives in-principle approval as a Major Payments Institution License holder from the Monetary Authority of Singapore (MAS). The company will provide digital payment token products, cross-border and domestic transfer services in the city-state. Moreover, Circle looks to drive institutional crypto adoption of USD Coin......

Nov 01 2022

USDC Issuer Circle’s $9 Billion Acquisition, Public Listing Suffers Delay

Nov 01 2022 Published at Coingape under tags  circle news usd coin

Special purpose acquisition company Concord Acquisition Group plans to further delay USDC issuer Circle's acquisition to January 2023. Circle's CEO Jeremy Allaire earlier confirmed plans to go public in Q4 2022 after closing the acquisition deal. Meanwhile, the USD Coin (USDC) market cap continues to shrink as compared to the... Read more

Oct 12 2022

Is This the Trader Who Exploited Mango Markets for $100M?

One sleuth believes he knows the identity of the person responsible for Mango Markets $100 million attack, but how reliable is his evidence? Mango Markets Exploited Crypto trader Avraham Eisenberg...

Sep 29 2022

Circle Reveals USD Coin is Coming to Arbitrum, NEAR, Optimism, and Polkadot ‘by the End of 2022’

Circle, the company behind USD Coin, the second largest market cap stablecoin in the industry, has announced a massive expansion is in the works in the coming months. According to the company’s official statement, USDC will go live on Arbitrum, NEAR, Optimism, and Polkadot by the end of this year. In addition, support for the interoperability-focused Cosmos chain is planned for early next...

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