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CryptoCurrency
USDC-Issuer Circle Prepares for IPO, but Secondary Market Valuation Drops to $5B
2024-07-31T12:54:22.792+02:00
The company was valued at $9 billion in its failed SPAC deal in 2022.
It has filed an S1 registration draft with the SEC for a prospective IPO.
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CryptoCurrency
Circle Becomes First Stablecoin Issuer to Comply with MiCA Regulations
2024-07-01T17:40:43.745+02:00
Circle can now issue USDC and EURC stablecoins in the EU, approved by France’s banking regulator.
The MiCA regulations, including stablecoin rules, started in May 2023, with full compliance required by July 2026.
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FinTech
USDC Issuer Circle Announces Entry into Brazil's Fintech Sector
2024-05-29T13:31:41.372+02:00
Partnership with BTG Pactual and Nubank aims to provide access to USDC for Brazilian users.
Brazil's growing fintech sector, fuelled by initiatives like Pix, presents a favorable market.
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CryptoCurrency
Stablecoin Issuer Circle to Shift Legal Base from Ireland to US: Report
2024-05-15T14:49:49.848+02:00
Recent reforms in Ireland introduced a minimum 15% tax on the profits of large multinationals.
Circle's action comes ahead of its anticipated public listing.
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CryptoCurrency
Circle Cuts Ties with USDC Token Support on Tron Blockchain
2024-02-21T11:22:44.497+02:00
Institutional clients have until February 2025 to transfer or redeem USDC held on Tron.
USDC worth $335 million is hosted on Tron, as reported on Circle's website.
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CryptoCurrency
Ripple Delays IPO Plans Citing Hostile US Regulator
2024-01-17T12:15:17.910+02:00
The firm may reconsider a US listing with a change in SEC leadership.
Other firms, like Circle, are pursuing public listings during a positive year for cryptocurrencies.
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CryptoCurrency
Circle Secures Conditional Registration as DASP with French Regulatory Recognition
2023-12-21T19:24:38.683+02:00
To operate in France, the firm is seeking approval as a payment services provider.
It has appointed Coralie Billmann to lead licensed operations, pending regulatory approval.
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CryptoCurrency
Tokyo Meets Boston: SBI Forges Partnership with Circle for USDC Expansion
2023-11-27T14:38:06.773+02:00
Japan's regulatory revision paves the way for stablecoin issuance, fostering the transition to a Web3 economy.
SBI Shinsei Bank will provide banking services to Circle as part of their collaboration.
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CryptoCurrency
Stablecoin Issuer Circle Mulls 2024 IPO: Report
2023-11-08T12:15:49.506+02:00
The company is yet to confirm the talks around its public listing.
It attempted a reverse merger last year but failed.
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CryptoCurrency
Circle Targets Cross-Border Remittances in the Philippines in Partnership with Coins.ph
2023-10-11T20:24:17.442+02:00
The partnership aims to provide a more accessible remittance option using USDC.
USDC's applications span from humanitarian aid to decentralized finance.
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CryptoCurrency
Coinbase Acquires Stake in USDC-Issuer Circle, Shuts Centre Consortium
2023-08-22T07:57:15.762+02:00
Centre Consortium handled the governance of USDC.
Coinbase and Circle will continue to share revenue from USDC reserves’ interest income.
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CryptoCurrency
Circle Announces Layoffs; to Reduce Investments in Non-core Activities
2023-07-13T10:39:24.248+02:00
The stablecoin issuer said it is identifying new business opportunities.
Circle recently received a license to operate in Singapore.
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Retail FX
News Nuggets | 8 June: Ex-CFTC Chair Joins Circle; Marqeta Shuts Aussie Office
2023-06-08T12:58:55.011+02:00
Exness announced internal promotion; Nexdesk enters Europe; Ouinex raises $2 million.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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CryptoCurrency
Circle Singapore Gains MAS Approval for Digital Payments Service
2023-06-07T08:38:17.504+02:00
The company can now offer cross-border and domestic money transfer services.
Earlier, Coinbase, Crypto.com, and others also received the same license.
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CryptoCurrency
USDC to Tether Volumes Rise 828% amid Silicon Valley Bank Collapse
2023-03-14T15:25:57.728+02:00
CryptoCompare investigates how the USDC behaved after the collapse of SVB.
Despite the short-term liquidity crunch, Circle's stablecoin maintained positive fund flows.
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CryptoCurrency
SVB Crisis: Circle Escapes USDC Depeg with Regulatory Assurance
2023-03-13T08:10:11.528+02:00
Circle held $3.3 billion or 8 percent of its USDC reserves at Silicon Valley Bank.
The US federal regulators assured that the government would protect all SVB depositors.
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News
Circle to Launch Euro-Pegged Stablecoin
2022-06-16T16:24:29.969+02:00
The new stablecoin is called Euro Coin (EUROC)
It will be a regulated, fully euro-backed stablecoin, Circle said.
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News
Dibbs Marketplace to Start Accepting Transactions in USD Coin
2022-06-16T01:31:00.000+02:00
The Amazon-backed platform now accepts the stablecoin for buying and selling collectibles.
Circle is the official issuer of USD Coin (USDC).
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News
Circle Will Apply for US Bank Charter Soon, CEO Confirms
2022-04-15T09:08:56.611+02:00
It has ambitions to become a crypto bank.
Only three other crypto companies have obtained the federal charter.
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News
BlackRock Joins Circle’s $400 Million Funding Round
2022-04-13T07:56:35.988+02:00
Fidelity, Marshall Wace and Fin Capital also participated in the investment round.
Circle is the issuer of the stable coin (USDC).
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News
Worldpay Plans to Offer Merchants Direct Settlement in Stablecoin USDC
2022-04-07T08:20:01.404+02:00
The company has partnered with Circle.
The offering will drive the adoption of digital assets.
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News
Circle Launches New Account for Business Growth
2022-02-26T16:31:40.767+02:00
The product is now available to all new and existing customers.
The company aims to boost the adoption of digital assets.
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News
Circle Doubles Valuation to $9B with New Reverse Merger Terms
2022-02-18T09:00:49.680+02:00
It has inked a deal with blank-check company Concord.
The share of the company is expected to be listed on the NYSE.
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Crypto.com Partners with Circle to Enable USD Deposits, Withdrawals
2021-06-28T13:14:17.000+02:00
The fiat-based service will be available in more than 30 countries.
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News
Fintech Firm Circle Raises $440 Million to Accelerate Expansion
2021-05-31T09:57:28.000+02:00
Fidelity Management, Digital Currency Group, and FTX participated in the latest funding round.
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See more
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