Cryptocoins News / The Cointelegraph - 1 year ago
Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities. The United States Securities and Exchange Commission is not the a...
Cryptocoins News / EthereumWorldNews - 1 year ago
Circle founder and CEO Jeremy Allaire recently stated that the U.S. SEC is not the right regulator for stablecoins.& Allaire believes that the activities of a payment stablecoin like USDC fall under the purview of a banking regulator.& The C...
Cryptocoins News / CoinJournal - 1 year ago
Circle’s move comes at a time when many firms in the industry are laying off workers.
41% of company layoffs in 2023 have so far come from the crypto industry.
It also comes months after Circle aborted plans to go public.
USDC issuer Circle i...
Cryptocoins News / The Cointelegraph - 1 year ago
The plan to expand its workforce comes just months after it mutually called off its plans to go public via a SPAC merger. USD Coin (USDC) issuer Circle plans to increa...
Bitcoin News / Bitcoinist - 1 year ago
The NBA’s Detroit Pistons made a splash at the trade deadline, securing 2020’s #2 draft pick James Wiseman as part of a 4-team trade. Wiseman had a nice showing in his Pistons’ debut, and now the team is back with a new announcement...
Bitcoin News / Bitcoinist - 1 year ago
The crypto community is still reeling with fear, doubt, and uncertainty (FUD) from the latest regulatory tension in the industry since U.S. regulators have taken enforcement actions on some crypto firms.
Firstly, the Securities and Exchange Commissi...
Cryptocoins News / EthereumWorldNews - 1 year ago
Summary:
FTX Founder Sam Bankman-Fried was subpoenaed along with other company execs like former Alameda CEO Caroline Ellison and ex-engineering chief Nishad Singh. Bankman-Fried’s father was also served a court notice over real estate pro...
Cryptocoins News / Blockchain - 1 year ago
Stablecoin issuer Circle supplied the NYDFS blockchain evidence claiming Binance's reserves were inadequate to sustain its currency. (Read More)
Cryptocoins News / EthereumWorldNews - 1 year ago
Circle’s Chief Strategy Officer has denied rumors about his firm receiving a Wells notice from the SEC.& Fox reported Eleanor Terrett initially broke the news of the alleged Wells notice to the USDC issuer.& A Wells notice informs subjects o...
Cryptocoins News / The Cointelegraph - 1 year ago
Rumors swirled on Twitter that the stablecoin issuer received a litigation notice from the U.S. securities regulator, but a Circle executive rebuffed the claim. USD Co...
Cryptocoins News / The Cointelegraph - 1 year ago
The company’s complaint to the New York regulator reportedly came before NYDFS ordered Paxos to “cease minting” its Binance USD stablecoin. New York State’s Department...
Cryptocoins News / EthereumWorldNews - 1 year ago
Circle reportedly alerted the New York Department of Financial Services about Binance’s tokens.& The USDC issuer warned the NYDFS about Binance not having enough crypto in its reserves to back its tokens.& Binance’s stablecoin partner Paxos...
Cryptocoins News / The Cointelegraph - 1 year ago
FTX and affected parties have requested court subpoenas to force Sam Bankman-Fried’s closest advisers to provide documents and information for ongoing investigations....
Cryptocoins News / The Cointelegraph - 1 year ago
Circle has released its reserve report for December 2022, highlighting overcollateralized asset holdings currently backing 44.5 billion USDC tokens in circulation. US...
Bitcoin News / Bitcoin.com - 1 year ago
According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman and Barbara Fried. Additionally, the attorney...
Cryptocoins News / Blockchain - 1 year ago
Circle denies blaming the SEC for its December $9 billion failed IPO. Circle's representative said any contradictory assertions are "inconsistent" with past declarations. (Read More)
More / Etherum Reddit - 1 year ago
A scammer keeps posting this everywhere including all over this subreddit. If you connect your wallet they'll try and trick you into using their "DEX" which will really just steal your coins. Their claim that they are some sort of legit...
Cryptocoins News / The Cointelegraph - 1 year ago
A handful of cryptocurrency industry players who took part in workshops at the World Economic Forum Annual Meeting paint a picture of increased collaboration within the space in 2023....