Circle Sells Off OTC Desk To Kraken Exchange To Focus Solely On USDC Stablecoin Services

December 26, 2019
Circle is gearing up for an eventful and exciting 2020. In a long announcement via the Circle blog, both the CEO and former co-CEO have described what has already changed with the Circle platform (like the sale of its OTC trading desk), and what is yet to come (like new automated tools for customers). The

USDC Stablecoin Cryptocurrency Now Acceptable Form of Payment to Bermuda Government

October 24, 2019
According to worldwide financial services firm Circle, residents of Bermuda can now pay their taxes as well as other government services using USD Coin (USDC). This makes the Bermuda government the first one in the world to accept USDC for tax payments. In a press statement released on Wednesday, the government of Bermuda stated that it is

Coinbase, Kraken to Jointly Define Which Cryptos Are Securities: Report

October 8, 2019
Major United States’ crypto firms such as Coinbase and Kraken are teaming up to launch a rating system to jointly define which digital assets are securities. Crypto Ratings Council to launch on Sept. 30 In a move to provide more clarity on which tokens can be traded without the supervision of regulators, the major U.S.-based exchanges have

Circle CEO Views Libra As Having “Massive” Impact On Crypto Awareness

July 12, 2019
CEO of Circle, Jeremy Allaire discussed the current activity taking place within the crypto sphere, with news outlet, Bloomberg’s Joe Weisenthal and Romaine Bostick on Friday, July 5, 2019. Some of the topics that the discussion was founded on include Facebook’s endeavor, Libra, how Libra is one of two different types of stablecoins and how Facebook’s move could potentially lead