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Groundbreaking Crypto Move: US House Committee Proposes Clear Regulations For Stablecoins
Friday, June 9, 2023 - 2:31pm | 448Read More...In a groundbreaking move, the U.S. House Financial Services Committee has unveiled a bipartisan draft bill addressing stablecoins, as part of a broader effort to shed light on the regulation of the digital asset landscape. The hearing titled, “The Future of Digital Assets: Providing Clarity...
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Former CFTC Chair Joins Fray To Navigate Stablecoin Behemoth Circle Through Uncharted Regulatory Waters
Thursday, June 8, 2023 - 11:33am | 520Read More...Stablecoin firm Circle Internet Financial, which issues USD Coin (CRYPTO: USDC), Thursday announced that it has enlisted the services of Heath Tarbert, a former regulator, as its chief legal officer and head of corporate affairs. This strategic acquisition comes at a time when Circle, which...
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Circle CEO Blames Regulators, Banking Crisis For USD Coin Slump: 'Moment For Congress To Step Up'
Wednesday, April 26, 2023 - 5:07am | 366Read More...The decline in the market value of stablecoin USD Coin (CRYPTO: USDC) can be attributed to a growing trend of investors looking to "de-risk out of the U.S." amid concerns about the country’s banking sector and regulatory challenges, according to Circle CEO. What Happened: Jeremy Allaire, the...
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USD Coin Defies Gravity And Returns To $1 Peg After Nail-Biting Weekend
Monday, March 13, 2023 - 10:27am | 451Read More...Stablecoin USD Coin (CRYPTO: USDC), issued by Circle, is gradually returning to its $1 peg, after a tumultuous weekend, after CEO Jeremy Allaire confirmed that Circle's reserves are secure and the firm has found new banking partners who will be operational on Monday. USDC's value has risen...
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USD Coin Regains $1 Peg As Circle CEO Allaire Thanks Feds, Reveals New Banking Tie-Ups
Sunday, March 12, 2023 - 11:30pm | 501Read More...Jeremy Allaire, CEO and co-founder of Circle, on Sunday thanked the U.S. government and financial regulators for their decisive action to address the risks associated with the fractional banking system. What Happened: Circle’s USD Coin (CRYPTO: USDC) is climbing back to its $1...
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Circle CEO Jeremy Allaire Thinks Stablecoins Oversight Shouldn't Be Under SEC But A 'Banking Regulator'
Friday, February 24, 2023 - 12:21am | 326Read More...The Securities and Exchange Commission is not the regulator for stablecoins, according to Jeremy Allaire, CEO and founder of Circle Internet Financial Ltd. What Happened: In an interview with Bloomberg on Thursday, Allaire aired his views on the SEC and its recent moves to regulate the...
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Circle And SPAC Abandon Plan To Issue IPO, CEO Calls It 'Disappointing': What's Next
Monday, December 5, 2022 - 1:18pm | 379Read More...The board of both Circle Internet Financial and Concord Acquisition Corp. (NYSE: CND) have agreed that the stablecoin provider Circle would no longer be publicly listed. The joint decision was announced by both companies on Monday. Circle had been considering a merger with Concord Acquisition, a...
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FTX (FTT) Crisis Is Crypto's 'Lehman Brothers' Moment: Circle CEO Jeremy Allaire
Wednesday, November 9, 2022 - 12:21am | 505Read More...Jeremy Allaire, co-founder and CEO of Circle, said USD Coin (CRYPTO: USDC) stablecoin is unaffected by the crypto exchange FTX’s native token (CRYPTO: FTT) crisis. What Happened: Allaire took to Twitter to share his thoughts on the Binance-FTX ...
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Circle CEO Jeremy Allaire Addresses Paranoia Regarding USDC, Rumors Of Collapse
Tuesday, July 5, 2022 - 2:49pm | 401Read More...Jeremy Allaire, co-founder and CEO of global fintech firm Circle, refuted rumors of a potential USDC (CRYPTO: USDC) collapse. What Happened: Following the recent crypto market crash, Allaire addressed the USDC’s potential de-peg in a series of tweets on July 2. It is "understandable why...
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ICYMI: How You Can Fight Inflation With USDC
Thursday, June 9, 2022 - 5:15pm | 442Read More...This article was originally published in April 2022. Rising costs are driving investors to rethink where to put their money. Interest rates are rising, but the rates you can get at your local bank are still not very attractive. Circle, a peer-to-peer digital payments company, allows...
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Circle Announces $400M Funding Round Led By BlackRock: What You Need To Know
Tuesday, April 12, 2022 - 11:51am | 626Read More...Global internet finance company Circle, which is set to go public via SPAC merger later this year, on Tuesday announced a funding round led by BlackRock. What Happened: Circle entered into an agreement for a $400 million funding round with investments from...
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Bitcoin May Effectively Be Banned In Europe As EU Set To Finalize Regulatory Framework For Crypto
Sunday, March 13, 2022 - 3:50pm | 435Read More...A European parliamentary committee is slated to hold a vote on the final version of the draft on Cryptocurrency assets on Monday. According to the draft for the new law, crypto-assets issued and/or traded in the EU “shall be subject to minimum environmental sustainability standards and...
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WonderFi, Circle Promote Economic Prosperity With DeFi
Tuesday, October 5, 2021 - 10:00am | 329Read More...WonderFi Technologies Inc (NEO: WNDR), a platform providing the masses exposure to a finance model that replicates market-making, borrowing, lending and exchanging without expensive institutional middlemen, announced a collaboration with Circle Internet Financial, a global tech firm specializing in...
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USD Coin Creator Circle Going Public Via SPAC: What Investors Should Know
Thursday, July 8, 2021 - 2:42pm | 577Read More...A leading digital currency company that created the USD Coin announced a SPAC merger Thursday morning. The SPAC Deal: Circle announced a SPAC merger with Concord Acquisition Corp (NYSE: CND) valuing the company at $4.5 billion. A PIPE of $415 million is included as part of the SPAC merger and...
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Bitcoin Pro: Surge In Cryptocurrency 'Very Clearly' Related To China
Monday, August 5, 2019 - 1:59pm | 377Read More...The cryptocurrency Bitcoin jumped nearly 10% and traded above the $11,000 mark Monday in part due to macro events in China, according to Circle CEO Jeremy Allaire. What Happened Bitcoin's surge is "very clearly" related to the currency conflicts and trade wars that dominated Monday...
















