Jeremy Allaire, CEO of Circle Internet Financial, a leading global finance firm focused on blockchain technology, pointed out that China...
Circle's CSO Dante Disparte has denied a rumor about the SEC issuing a Wells notice to his firm. The news was initially shared by Fox journalist Eleanor Terrett.
Circle CEO Jeremy Allaire has stated that his firm may be able to recover all of the $3.3 billion stuck at Silicon Valley Bank. In case the recovery is delayed, Circle will back USDC using external capital if necessary, he added.
Circle has ditched all U.S. Treasury bonds from the $24 billion reserve fund backing its USDC stablecoin. The move was in response to the ongoing debt ceiling crisis in the United States.
Members of the U.S. Senate Banking Committee will be discussing various approaches to regulating cryptocurrencies on July 30, 2019. Jeremy...
Documents released by the Federal Deposit Insurance Corp (FDIC) revealed that Sequoia Capital and Circle were among the top depositors at Silicon Valley Bank. These high-profile clients were given backstops of up to $1 billion by the regulator.
USDC issuer Circle Internet Financial has announced a reduction in its focus in an effort to strengthen its balance sheet.
USD Coin Issuer Circle has tapped former CFTC Chairman Heath Tarbert to serve as its new Chief Legal Officer and Head of Corporate Affairs.