Circle CEO Says Stablecoin Regulation Should Not Be Assigned to US SEC
Circle CEO Jeremy Allaire told Bloomberg on Feb. 23 that the U.S. Securities and Exchange Commission should not be tasked with regulating stablecoins.
Crypto Evening Briefing: Cathie Wood's ARK Buys Over $13M of Coinbase Shares
Investment manager ARK has added a total of around $13.2 million worth of Coinbase (COIN) shares.
Circle Plans To Increase Workforce by 25% in 2023
USDC stablecoin issuer Circle has disclosed plans to increase its workforce by up to 25% despite canceling its deal to go public, Wall Street Journals (WSJ) reports.
Circle USDC Circulation Increased by $100 Million in the Past Week
As of February 19th, Circle issued a total of 9.7 billion USDC in the past week, redeemed 9.6 billion USDC, and increased circulation by approximately US$100 million.
Circle Engages With Central Bank of Ireland to Promote the Benefits of Blockchain
Circle offers recommendations on how financial supervisors can support innovation while ensuring consumers’ best interests.
Circle Recommends Central Bank of Ireland Adopt Public Blockchains for Consumer Protection
The issuer of the USDC stablecoin, Circle, released a response on Feb. 17 to the Central Bank of Ireland’s discussion paper on consumer protection, which called for industry insight into improving consumer-focused financial products.
Justin Sun Withdrew 80M $USDC From Circle Just Now
Justin Sun Withdrew 80M $USDC From Circle Just Now
Circle Executive Denies Rumors of Receiving SEC Notice on USDC Stablecoin
There were unconfirmed speculations that the SEC had issued a Wells notice to Circle, implying that the regulator intends to initiate enforcement actions against the firm.
Circle Executive Quashes Rumor About Receiving Wells Notice From the SEC
Circle, which issues the USDC stablecoin, has denied that it has received a Wells notice. That denial was recorded in a tweet by CSO Dante Disparte on Feb. 14.
CZ Responds to Reports That Circle Reported Binance to Regulators
Binance Chief Executive Officer Changpeng Zhao, fondly called CZ in the crypto space, has asserted that he does not believe a recent Bloomberg report that claims that Circle complained to regulators about Binance.