Binance, Circle Chime In on UK’s Proposed Crypto Regulatory Framework
Crypto exchange Binance and stablecoin issuer Circle submitted feedback to the UK government as the country considers a new framework to govern both trading and lending of digital assets.
Circle CEO Jeremy Allaire Speculates on the Number of AI Bots Operating On-Chain Treasury Accounts
He highlighted the potential of GPT-4, the next generation of OpenAI's language model, to generate high-quality smart contract code.
USDC Circulation Drops by $500 Million as Circle Issues $700 Million and Redeems $1.1 Billion
April 29 (Cointime) - According to Circle's official website, the firm issued a total of USD 700 million in USDC and redeemed USD 1.1 billion in USDC between April 20 and April 27, resulting in a net reduction of USD 500 million in circulation.
Circle's USDC Sees Net Reduction of $500 Million in Circulation in One Week
As of April 27, USDC had a total circulation of $30.5 billion and reserves of $30.7 billion, consisting of $5.2 billion in cash and $25.5 billion in Short-Dated US Treasury.
Crypto Morning Briefing: UK Treasury Opens Tax Policy Consultation on DeFi Staking and Lending
Robinhood Introduces Robinhood Connect To Enhance DeFi Accessibility; Circle Policy Head Shares Key Predictions on Potential Digital Euro; Shiba Inu Whales Unload Billions Amid SHIB Price Retreat
Circle Policy Head Shares Key Predictions on Potential Digital Euro
Patrick Hansen, the Director of EU Strategy and Policy at stablecoin issuer Circle has shared some key predictions concerning the proposed Central Bank Digital Currency (CBDC) for the European Union. While the CBDC, also dubbed the Digital Euro is yet to be launched, Hansen said should it be launched, it will exist in three different forms.
Regulatory Uncertainty and Banking Crisis Could Push Investors Outside the US: Circle CEO
Jeremy Allaire – CEO of Circle Internet Financial Ltd. – argued that US investors could soon relocate due to the lack of proper regulations and the growing banking crisis.
Circle Launches Cross-Chain Transfer Protocol (CCTP) Mainnet Enabling Transfer of USDC Between Ethereum and Avalanche
With CCTP, users can securely and efficiently transact with USDC in a multi-chain ecosystem, thereby enhancing capital efficiency and security.
Crypto Morning Briefing: Voyager Lawyers ‘Surprised’ Binance.US Canceled $1B Deal
SushiSwap to Propose Tokenomics Changes to Promote Uniswap v3 Adoption; Bahamas Calls for Tougher Regulation to Curb FTX-Like Situations; Circle Activates Protocol for Stablecoin Transfers Between Ethereum and Avalanche
Circle Activates Protocol for Stablecoin Transfers Between Ethereum and Avalanche
Circle, the creator of the USD Coin stablecoin, released the Cross-Chain Transfer Protocol CCTP for Ethereum and Avalanche chains, enabling users to move their USDC stablecoin between blockchains.
