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Nalezeno "Jeremy Allaire": 63

Circle to Go Public via Bob Diamond-Backed SPAC Deal — Boston Firm Valued at $4.5 Billion

8.7.2021
The Boston-based crypto financial company Circle has announced the firm plans to go public this year in a merger with Concord Acquisition Corp. Circle revealed the news on Thursday and noted that the company expects to close the deal in Q4 with a valuation of $4.5 billion. Circle Announces SPAC...

Centre to Expand USDC to Ten More Blockchains; Launches on Tron

1.7.2021
Centre, the consortium behind the issuance of USD Coin (USDC), announced it will launch the popular asset on 10 more blockchains. This would expand the reach of USDC to other environments and could make it more popular as a commercial and staking currency. While Centre made the announcement only...

Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow

29.5.2021
The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company...

Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs

2.2.2021
Buying in these stablecoins may foretell where the crypto market is going

Questions About Tether Just Won’t Go Away. Does the Crypto Market Care?

26.1.2021
Is the price of bitcoin and other cryptocurrencies inflated because the backing of tether may not be as strong as people think it is?

Circle CEO joins appeal against US Treasury self-hosted crypto wallet ban

10.12.2020
The crypto industry and regulators need time to collaborate on better regulations

Biden team will boost crypto's role in US infrastructure, says Circle CEO Allaire

7.12.2020
Allaire also sees political moderation as the best scenario for continued crypto development

New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval

4.12.2020
Three U.S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin. Instigated by Rep. Rashida Tlaib, with support from Reps. Jesús García and Stephen...

Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin

29.10.2020
The CEO tweeted a screenshot of an apparent $100 purchase of Bitcoin using the service well ahead of its official rollout date

US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator

22.9.2020
The U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded...

Circle CEO Claims ‘Explosive’ Stablecoin Demand From Everyday Businesses

17.4.2020
Dollar-backed stablecoins are surging in popularity, and much of the demand is from normal businesses, not just crypto traders, Circle’s CEO said

Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues

18.3.2020
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However...

Traders Flock to Tether, USDC, PAX – Stablecoins See Great Demand After Crypto Market Havoc

16.3.2020
Stablecoins have seen massive volume and growth this month especially after the market carnage on March 12. Per usual, tether has been the king of stablecoins following the market downturn, but the 4.6 billion USDT wasn’t enough for all the liquidity needed to shield the storm. Other tokens...

Circle Continues Sell-offs as Voyager Digital Acquires Investment App

12.2.2020
Goldman Sachs-backed crypto startup Circle agrees to sell its crypto trading app Circle Invest to Voyager Digital Canada

Circle Founder: Digital Currencies at Key Growth Moment as Governments Take Notice

12.2.2020
Jeremy Allaire sees governments and industry finally taking blockchain seriously. That's a big deal

The Prospect of Building a New International Monetary System Is Getting Real

17.1.2020
When world leaders gather in Davos next week, they'll confront an essential question, says Circle's Jeremy Allaire: Can they seize blockchain's ability to create value for people around the world?

Circle Drops Poloniex Leaving US Crypto Traders High and Dry

19.10.2019
According to a blog post published by Circle, the cryptocurrency firm is releasing its subsidiary exchange Poloniex which is now owned by an “Asian investment group.” The trading platform will become an independent company called Polo Digital Assets, Ltd., and after November 1, 2019...