Circle CFO says USDC is operating ‘as expected’

Circle’s Chief Financial Officer Jeremy Fox-Geen has released an update on the operations of the company’s stablecoin USD Coin (USDC). Fox-Geen’s statement is a response to the market turmoil following the collapse of crypto exchange FTX.

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Crypto.com pauses withdrawals of USDC and USDT on the Solana network

Crypto. com has notified its users that all deposits and withdrawals for Tether’s USDT and Circle’s USDC have been suspended on the Solana network. Leading crypto exchange Crypto. com notified its customers via email a few hours ago that it had paused deposits and withdrawals for USDT and USDC stablecoins on the Solana network.

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Coinbase, Tether, and Circle deny exposure to Alameda and FTX

Several crypto firms have come out to distance themselves with exposure to FTX crypto exchange and its sister firm Alameda amid the financial crisis facing the two firms. This comes after calls from the crypto community for transparency to let users know if there is any risk.

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Circle Begins Putting Reserves Into New BlackRock Fund

Circle Internet Financial has begun moving the reserves for its USDC stablecoin into a dedicated fund set up by BlackRock Inc. and registered with the U.S. Securities and Exchange Commission, the company disclosed Thursday.

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This country is buying more USDC than the rest of the world

Coinbase, the largest crypto exchange in the United States, has published a report which takes a deep dive into the adoption of USD Coin (USDC), the stablecoin issued by Circle.  Americans buy 3 timThe post This country is buying more USDC than the rest of the world appeared first on AMBCrypto.

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Blockchain Development Platform Tatum Raises $41.5M From Octopus, Circle, Others

Blockchain development platform Tatum has raised $41.5 million in funding from Octopus Ventures, Circle, Leadblock Fund and founders of crypto exchange Bitpanda, among others.

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WazirX Announces Delisting of USDC, USDP, and TUSD in a Clear Boost to BUSD

India-focused crypto exchange WazirX will unlist three leading stablecoins — Circle’s USDC, Paxos’ USDP, and TrueUSD’s TUSD — effective September 26. In a statement, the company said that users could withdraw their funds by October 5, after which these stablecoins will automatically be converted into BUSD.

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Circle co-founder says converged dollar books on Binance would be good for USDC

The world's largest crypto exchange announced Monday it would cease trading support for USDC and auto-covert deposits to its own stablecoin after Sept 29.

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Bybit expands spot USDC trading pairs as support for stablecoins grows

The crypto derivatives exchange has partnered with Circle to expand its suite of USDC offerings; traders will also have access to auto conversions between the stablecoin and U.S. dollars.

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Coinbase Backed Centre Deploys Identity Solution, How It Will Affect Future Of DeFi

Founded by leading crypto exchange Coinbase and Circle, the Centre Consortium recently announced a set of decentralized data models and identity protocols for credential issuance under the name “Verite”.

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Why Crypto Exchange Bitso Partnered With Circle To Enable Cross-border Transactions To The U.S.

Leading crypto exchange Bitso has integrated a payment solution developed by Circle, one of the companies behind the stablecoin USD Coin (USDC). The integration will enable cross-border payments from Mexico to the U.

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SEC Issues Subpoena to Circle Finance Amid Operational Investigations

Cryptocurrency operator Circle receives a summons from the U. S Security and Exchange (SEC) concerning investigations. According to filings from the company, it agreed to cooperate with the regulators regarding the investigations fully.

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SEC Sends an “Investigative Subpoena” to USDC Issuer Circle

The US Securities and Exchange Commission (SEC) sent an “investigative subpoena” to the issuer of USDC stablecoin Circle in July of this year, according to a filing. Circle made this disclosure as part of a filing about its plans to go public through a merger with the special purpose acquisition company (SPAC), Concord Acquisition Corp.

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The US SEC is investigating crypto firm Circle over USDC product

The United States Securities and Exchange Commission is investigating crypto payments company Circle. The post The US SEC is investigating crypto firm Circle over USDC product appeared first on CryptoSlate.

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Stable coin issuer Circle reports it’s cooperating with SEC

Circle’s statement follows an ‘investigative subpoena’ from the US Securities and Exchange Commission USDC… The post Stable coin issuer Circle reports it’s cooperating with SEC appeared first on Coin Journal.

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USDC issuer Circle 'cooperating fully' with SEC investigation

The United States Securities and Exchange Commission [SEC] has been keenly watching not just stablecoins, but also high-interest crypto-products. In fact, back in September, the SEC also served a WellThe post USDC issuer Circle 'cooperating fully' with SEC investigation appeared first on AMBCrypto.

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USDC Stablecoin Could Launch on 10 More Blockchains Including Polkadot, Tezos, Tron

Leading U. S. -dollar stablecoin USDC could soon expand to 10 more blockchains. USDC Going Multi-Chain USDC, the USD-pegged stablecoin issued jointly by crypto exchange Coinbase and payments firm Circle via the consortium CENTRE is mulling expansion to 8-10 more blockchains, Coindesk reports.

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Circle founder on new Crypto.com partnership: ‘this partnership with fuel crypto adoption’

World-renowned crypto exchange Crypto. com launched a new partnership with peer-to-peer payments technology company Circle to enable deposits and withdrawals in US dollars. The service will be available in more than 30 countries worldwide according to a Crypto.

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Judge Declines IRS Request for Customer Information from Kraken Exchange

IRS requests for “John Doe Summons” from Kraken cryptocurrency exchange, but the judge declines the summons stating the request is “too broad.” Circle had received a similar request too. The post Judge Declines IRS Request for Customer Information from Kraken Exchange first appeared on BitcoinExchangeGuide.

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US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex

The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years 2016 to 2020 as well as other documents relating to their crypto […]

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IRS gets access to crypto exchange Circle’s user data, targets Kraken next

Shortly after getting a court authorization to obtain records of cryptocurrency exchange Circle’s customers, the US Internal Revenue Service (IRS) is now seeking to get access to similar data from trading platform Kraken.

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Стейблкоин USDC теперь доступен на блокчейне Stellar

Компания Circle и некоммерческая организация Stellar Development Foundation (SDF) объявили о начале работы созданного консорциумом Centre стейблкоина USDC в сети Stellar. We and @circlepay are excited to announce that Stellar USDC is now live and immediately available on Stellar's decentralized exchange, accessible to any Stellar account through integrated wallets, and tradable across Stellar's ecosystem! https://t.co/jeARyW3Hhv […]

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Стейблкоин USDC выпустили на блокчейне Stellar

Компания Circle и некоммерческая организация Stellar Development Foundation (SDF) объявили о начале работы созданного консорциумом Centre стейблкоина USDC в сети Stellar. We and @circlepay are excited to announce that Stellar USDC is now live and immediately available on Stellar's decentralized exchange, accessible to any Stellar account through integrated wallets, and tradable across Stellar's ecosystem! https://t.

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Second-Largest Stablecoin USDC Transitions to the Stellar Blockchain

Circle, the principal financial technology firm behind USDC development, is often cited as a regulatory-friendly organization. In a Tuesday blog post, the SDF explained that users could access the USDC on Stellar’s decentralized exchange and five Stellar-integrated wallets.

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USDC is live on the Stellar network

 Circle and the Stellar Development Foundation (SDF) announced today that USDC is live on the Stellar network. At launch, Stellar USDC is immediately available on Stellar’s decentralized exchange,...

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FTX Exchange Introduces ACH Support With Circle’s USDC

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Coinbase Crypto Exchange Now Supports USDC and Zcash for New York Traders 

Coinbase, a leading United States-based bitcoin trading venue has announced that its New York customers can now buy, sell, convert and store Circle’s USDC stablecoin and the privacy-centric Zcash (ZEC) altcoin, according to a tweet published on February 10, 2020.

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Circle Sells Off OTC Desk To Kraken Exchange To Focus Solely On USDC Stablecoin Services

Circle recently announced that their platform would be going through some changes, namely positioning themselves as a stablecoin services provider exclusively. Having already sold their OTC trading desk, the firm made an announcement that there were many executives that will no longer work with the company.

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Circle продала OTC-платформу бирже Kraken

Биткоин-биржа из Сан-Франциско Kraken объявила о покупке платформы внебиржевой торговли у бостонского стартапа Circle. Kraken is acquiring Circle Trade! Details here:https://t.co/cq8h3F1YfI — Kraken Exchange (@krakenfx) December 17, 2019 В блоге Kraken отмечено, что приобретение принесет ее OTC-подразделению: новых партнеров, особенно в Азии; более высокую ликвидность и узкие спреды по всем поддерживаемым активам; продвинутые инструменты для […]

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Circle eyes stablecoin platform as OTC Desk sold to Kraken

Back in October, prominent P2P payments technology company, Circle, made quite a buzz after cryptocurrency exchange Poloniex was delineated and terminated support for customers from the United States.

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Crypto exchange company Kraken grows OTC desk as it acquires Circle Trade

The over-the-counter (OTC) desk of crypto exchange Kraken will be expanding, as the company announced today it has acquired Circle Trade, the crypto OTC desk of digital money company Circle. Circle has divested much of its crypto exchange businesses in the past months to focus on its USDC stablecoin product.

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Acquisition of Circle Leads Poloniex Wallet Users to Yank Out Funds

Circle, Inc. recently made a game-changing decision for their customers, abandoning the US market entirely as they moved away from Poloniex. However, the decision has led many consumers to a drastic decrease in deposits for wallets on the Poloniex exchange.

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Poloniex Wallets Gutted After Circle Acquisition

The decision of Circle, Inc. to spin off the Poloniex business and abandon the US market has led to an exodus of deposits from the market’s wallets. BTC and ETH Left the Exchange’s Wallets After Circle Acquisition The Bitcoin (BTC) and Ethereum (ETH) wallets of the Poloniex exchange were quickly emptied as traders moved their coins to other markets.

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SEC’s Hester Peirce promises regulatory clarity; says SEC doesn’t want crypto-businesses like Circle moving offshore

Regulatory developments across the world are forcing crypto-businesses to find homes in lenient geographies. Hester Peirce, Commissioner at the U. S. Securities and Exchange Commission, featured in an interview to clear some of the fog left in the wake of the lack of clarity in U.

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XRP/USDC and XRP/USDT margin trading pairs added on Poloniex

Poloniex steered the attention of crypto community by announcing new pairs for trading over its platform. The Circle owned exchange launched new USDC and USDT margin trading pairs for customers across the globe.

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Circle and Poloniex moving from the US to Bermuda due to regulatory uncertainty

Crypto conglomerate Circle announced that it will be moving the majority of its operations offshore, as regulatory uncertainty has made servicing U. S. customers increasingly difficult. The company received a full Digital Assets Business Act license in Bermuda for Poloniex, a cryptocurrency exchange it runs.

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Circle Moves to Bermuda to Expand Poloniex Exchange Internationally

As US-based regulations have severely limited the usage of Poloniex, the exchange will be expanding to international services.

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Circle Extends It’s Global Audience to the Pro-Crypto Regulatory Environment of Bermuda

Coinspeaker Circle Extends It’s Global Audience to the Pro-Crypto Regulatory Environment of BermudaInternational Crypto payment firm Circle recently announced that Users on its affiliate exchange company Poloniex can now gain access to the exchange by means of the corporation’s Bermuda subsidiary called ’Circle International Bermuda.

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Circle Shifts Exchange Operations to New Bermuda Office

As the U. S. lawmakers and the Treasury Secretary consider implementing stringent regulations against cryptocurrency, Circle has packed its bags and moved offshore to Bermuda. Circle Moves to Evade Oppressive Regulation As regulatory pressure continues to stack up against cryptocurrency companies, Circle has announced that it is moving nearly 100% of its exchange operations offshore.

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Circle’s Poloniex Exchange Opens Bermuda Subsidiary to Escape Regulatory Uncertainty in the US

Poloniex will continue operating in the US, but Circle’s focus has shifted to its international customers

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Circle ventures to Bermuda for friendlier regulatory climate

Circle, the peer-to-peer tech platform, and its acquired crypto exchange platform, Poloniex has not been in very good shape and the past seven months have been quite tempestuous for the Boston-based firm.

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Circle Moves Exchange Operations Offshore With New Bermuda Office

Circle is moving the majority of its Poloniex exchange operations offshore, citing a "lack of regulatory frameworks" in the U.S.

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На Poloniex появилось семь новых торговых пар со стейблкоинами USDC и USDT

Криптовалютная биржа Poloniex, оператором которой выступает компания Circle, добавила семь торговых пар со стейблкоинами USDC и USDT. Introducing 7 new USD Coin and Tether pairs on Poloniex! $USDC pairs: EOS/USDC, DASH/USDC, ETC/USDC $USDT pairs: BCHSV/USDT, BCHABC/USDT, GRIN/USDT, DGB/USDT $EOS — $DASH — $ETC — $BSV — $BCH — $GRIN — $DGB https://t.co/0i8eBWrBr1 — Poloniex Exchange […]

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Биткоин-биржа Poloniex добавила новые торговые пары с Tether USD и USDC

Криптовалютная биржа Poloniex, оператором которой выступает компания Circle, добавила семь торговых пар со стейблкоинами USDC и USDT. Introducing 7 new USD Coin and Tether pairs on Poloniex! $USDC pairs: EOS/USDC, DASH/USDC, ETC/USDC $USDT pairs: BCHSV/USDT, BCHABC/USDT, GRIN/USDT, DGB/USDT $EOS — $DASH — $ETC — $BSV — $BCH — $GRIN — $DGB https://t.co/0i8eBWrBr1 — Poloniex Exchange […]

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Circle’s Poloniex Exchange Offers Fiat-to-Crypto Trading 

In a bid to remain competitive in the United States cryptospace, Poloniex cryptocurrency exchange is now supporting fiat-to-crypto trading, as well as credit and debit card purchases of digital assets on its platform, according to reports on July 9, 2019.

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Crypto exchange Poloniex now offers card and bank account transfers

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourcePoloniex, the bitcoin and crypto exchange owned by Circle, announced today that users in over 80 countries can now transfer money directly to and from their bank accounts.

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Circle CEO shares a piece of advice for Rep Maxine Walters; supports Libra initiative

A halt in the development of the controversial Libra stablecoin was called by Democrats from the U. S. House of Representatives due to the concerns relating to Facebook’s past records with privacy and protection related to its users.

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Crypto Unicorn Circle Shutters Payment App to Focus on Stablecoins

By CCN Markets: Crypto unicorn Circle is shutting down its Circle Pay app in July to focus on stablecoins and developing new wallet services. The parent company of crypto exchange Poloniex made the surprise announcement on its website on June 13.

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Hackers Circle Crypto Giant BitMEX as Unauthorized Login Attempts Spike

By CCN Markets: Hong Kong-based cryptocurrency exchange BitMEX has just issued a security advisory telling its customers that it is witnessing an increase in unwarranted attempts to access customer accounts.

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Goldman Sachs Owned Crypto Exchange Poloniex Steals 16% Off Bitcoin Lenders

On May 26, Crypto exchange Poloniex, backed by Circle, which in turn is backed by Goldman Sachs, tweeted that… The post Goldman Sachs Owned Crypto Exchange Poloniex Steals 16% Off Bitcoin Lenders appeared first on Invest In Blockchain.

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