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Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally
12.7.2023
Stablecoin issuer Circle has cut its workforce slightly to maintain a “strong balance sheet,” the company said Wednesday
Bad news for Ripple? LBRY judge passes ruling on if secondary crypto sales are securities
12.7.2023
In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering
Today in Crypto: Crypto's 'Inherent Structural Flaws' Make It Unsuitable for Monetary System, BIP39 Mnemonic Phrases Can be Turned into Colors, Dev Says He Reverse-Engineered Brazil CBDC Source Code, Algofi to Shut Down
11.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Crypto's 'Inherent Structural Flaws' Make It Unsuitable for Monetary System, BIP39 Mnemonic Phrases Can...
China could benefit from yuan stablecoin over its CBDC - Circle CEO
11.7.2023
China may have banned the use of cryptocurrencies but stablecoins might have a role to play in the proliferation of its national currency
China Should Consider Yuan-Backed Stablecoins Instead of CBDCs, Circle's Allaire Says
11.7.2023
Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post
USDC-Issuer Circle Looking to Launch Stablecoin in Japan
6.7.2023
The firm behind USDC stablecoin, Circle, is looking to launch a stablecoin in Japan under new regulations that came into effect last month.
In an interview with Coindesk Japan, Circle CEO Jeremy Alliare said that Japan would become an extremely large market for them if stablecoin adoption...
Nightmare 'Giga' Roller Coaster Shut Down After Someone Spots Massive Crack
3.7.2023
Amusement park rides scare the shit out of me. I have a fear of heights, and moving fast, and just about everything associated with roller coasters. But I can usually still persuade myself to get on one every now and then, secure in the knowledge that surely the ride would not be up and running...
Former Goldman Sachs Executive Craig Broderick Joins Stablecoin-Issuer Circle's Board
30.6.2023
The former Goldman Sachs executive Craig Broderick has joined the Board of Directors of Circle Internet Financial, the issuer of the USDC stablecoin.
Broderick served as the chief risk officer at Goldman Sachs for over three decades.
During his tenure at the investment bank, Broderick also...
Stablecoin Issuer Circle Keeping an Eye on Hong Kong's Crypto Policies Amid Asian Market Focus
27.6.2023
US-based stablecoin issuer Circle is closely monitoring Hong Kong’s crypto policies as the government pushes for a friendly regulatory framework.
Hong Kong is looking to establish itself as a major hub for stablecoins and digital assets markets, Circle CEO Jeremy Allaire said in a recent...
Circle’s Allaire Says Bitcoin ETFs Likely to be Approved: Bloomberg
27.6.2023
Allaire spoke with Bloomberg at the World Economic Forum in Tianjin, China
Circle CEO Jeremy Allaire: ‘Other Governments Are Regulating Digital Dollars Before the US’
26.6.2023
Jeremy Allaire, CEO of Circle, the company behind the issuance of usd coin (USDC), has expressed his worries about the state of stablecoin regulation in the U.S. In a congressional hearing, Allaire stated that other governments were already regulating the issuance of digital dollars (dollar-backed...
Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund
21.6.2023
Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call
Circle CEO Allaire Puts Pressure on House Lawmakers To Pass a Stablecoin Bill
13.6.2023
The CEO of stablecoin issuer Circle put the pressure on lawmakers to pass a stablecoin bill and get it signed by President Joe Biden as other countries forge ahead.
Delivering a stablecoin bill to “President Biden’s desk should be a national priority,” said CEO Jeremy Allaire in his prepared...
USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown
31.5.2023
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USDC Stablecoin Strengthened by U.S. Banking Crisis in March, Circle CEO Says
26.4.2023
The stablecoin has upgraded its market infrastructure after losing its peg during the crisis
Circle and BlockFi questioned on banking with SVB by Warren and AOC
12.4.2023
Circle and BlockFi executives were questioned after the lawmakers accused SVB of “coddling” and giving “white glove” treatment to its largest depositors
Lawyer lays out his reasoning on why XRP is not a security
10.4.2023
Lawyer Jeremy Hogan believes the U.S. SEC has failed to legally demonstrate that XRP is a security and has explained how
USDC Outflows Surpass $10B as Tether’s Stablecoin Dominance Reaches 22-Month High
29.3.2023
Rival stablecoin tether (USDT) has grown to its most dominant since May 2021, now representing 60% of all stablecoins in circulation
Market Strategist Discusses ‘Super Bubbles’ Bursting — Warns of ‘Outrageously Consequential, Painful Effects’
28.3.2023
Market strategist Jeremy Grantham, co-founder of asset management firm GMO, has warned of “super bubbles” bursting. He explained that the Federal Reserve has “created an environment conducive to a chain-linked series of super bubbles that break with outrageously consequential...
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
13.3.2023
The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would bail out depositors of California’s Silicon Valley...