Ad 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. Disparte wrote: “Circle has not recei...
Tag: Circle
USDC’s Circle Not Behind Action On BUSD News
In the wake of the regulatory action against the issue of BUSD and the involvement of Binance and Paxos in it, Binance CEO CZ spoke to the audience in an Ask Me Anything event on Tuesday. He said Bina...
CZ Responds to Reports That Circle Reported Binance to Regulators
The Binance chief does not believe the reports. Binance Chief Executive Officer Changpeng Zhao, fondly called CZ in the crypto space, has asserted that he does not believe a recent Bloomberg report th...
CZ addresses rumors about Circle telling regulators to look into Paxos/BUSD
Ad In a wide-ranging Twitter Spaces AMA on Feb. 14, the co-founder and CEO of Binance, Changpeng Zhao, addressed ongoing FUD around the BUSD stablecoin, rumors that Circle had snitched to New York reg...
Binance, Circle, and Paxos Receive Regulatory Scrut
It has been claimed that the New York State Department of Financial Services, often known as the NYDFS, received a complaint about Binance’s reserves from the stablecoin issuer Circle prior to t...
Tether Nears 50% Of Stablecoin Market, Highest in 14 Months
Tether (USDT) is once again coalescing as crypto’s pegged token of choice, with its stablecoin market share nearing 50% for the first time since December 2021. The top stablecoin issuer has deployed a...
How Circle alerted the NYDFS about Binance’s insufficient reserves
USDC issuer Circle alerted the NYDFS about mismanagement of Binance’s reserves last year. The complaint came around the same time that Binance imposed its BUSD auto-conversion policy. Circle may hav...
Circle Sounded Initial Alarm Over Binance Reserves To NYDFS
According to a new report, USDC issuer Circle sounded the alarm about Binance’s BUSD stablecoin and its reserves to the NYDFS. Circle’s complaint to the New York regulator came before the NYDFS direc...
Circle reportedly informed NYDFS about Binance’s BUSD
Ad Stablecoin issuer Circle filed a regulatory complaint last fall regarding Binance’s stablecoin reserves, according to a Bloomberg report on Feb. 13. Circle reported BUSD to NY regulator Bloomberg’s...
Circle Takes on Binance: Regulatory Complaint Filed Over Stablecoin Issuance
The implosion of FTX and Alameda – which has often been described as one of the largest institutional failures in modern American history – has begun a new wave of stablecoin regulatory scrutiny acros...
Circle Warned NYDFS About Binance Reserves Prior to BUSD Crackdown: Report
Circle – the issuer of the world’s second-largest stablecoin, USDC – reportedly warned the New York Department of Financial Services (NYDFS) last Autumn that Binance has been mismanaging its token res...
Breaking: Circle Tipped Off NYDFS About Insufficient Reserves At Binance
– Advertisement – 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 i...
Circle warned regulator about rival Binance stablecoin last year, Bloomberg says
Circle filed a complaint with the New York State Department of Financial Services last year over rival Binance’s “mismanagement of reserves” for its own tokens, Bloomberg News report...
Circle releases an updated accountant-verified proof-of-reserve report
USDC stablecoin issuer Circle has drafted an updated proof-of-reserve report showing more than $44.5 billion worth of tokens are currently in circulation. USDC’s released December 2022 proof-of-reserv...
Moody’s Mulls Stablecoin Scores as Regulators Circle: Report
Moody’s Corporation is reportedly planning to develop a scoring system for stablecoins, per reporting from Bloomberg. The scoring system will include up to 20 stablecoins, analyzing the quality of ea...
FTX Lawyers Attempt to Question Bankman-Fried’s Family and Inner Circle for Financial Insight – Bitcoin News
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 a...
FTX Wants to Subpoena Bankman-Fried’s Inner Circle
Key Takeaways FTX wants Sam Bankman-Fried’s inner circle to provide more information about their own personal assets. According to the filing, Bankman-Fried’s father, mother, and brother were all invo...
Circle and Ripple (XRP) at WEF for crypto and DeFi- The Cryptonomist
Circle and Ripple (XRP) moderated their views at the World Economic Forum on crypto and the blockchain world in Davos, given their participation outside the WEF conference in a myriad of cryptocurrenc...
Circle, Ripple reflect on Davos 2023
Key figures from the wider cryptocurrency space painted a picture of increased dialogue and collaboration at the World Economic Forum Annual Meeting in Davos. Cryptocurrencies and blockchain technolog...
Circle Spokesperson Denies Blaming SEC for Failed $9 billion deal
USD Coin (USDC) issuer Circle has rejected claims that it blames the United States Securities and Exchange Commission (SEC) for the failure of its $9 billion plan to go public in December, according t...
Circle Criticizes SEC Over Approval Leading to Fallout of SPAC Deal
13 hours ago | 2 mins read Altcoin News Rather than the market slump or uncertain investors, Circle now blames the SEC. Aside from FTX, the SEC has been cautious about the whole cryptocurrency sector....
Stablecoin Issuer Circle Blames SEC for Derailing $9B Plans to Go Public
Circle’s plans to go public last year via a $9 billion SPAC merger failed due to inaction by the United States Securities and Exchange Commission, the crypto firm alleges. The deal between Circle an...
Circle regarding its USDC crypto
Circle, the peer-to-peer payments technology company, spoke at the WEF, World Economic Forum, about its native crypto, the USDC stablecoin, arguing that it represents “a dollar with super powers.” In...
DeFi Can Solve $2T FX Risk Problem, According to Circle and Uniswap Research
Join Our Telegram channel to stay up to date on breaking news coverage According to a document by researchers at the digital asset firms, blockchain and DeFi technology could help cut the cost of cros...
Circle Blames US SEC for Failed $9B Spac Deal: FT
Circle, the company behind the USDC stablecoin, has blamed the US Securities and Exchange Commission (SEC) for its failed plans to go public. According to a new report by FT, the regulatory agency fai...
Circle says USDC ‘is a dollar with super powers’ at WEF, pushes for more inclusion
USD Coin (USDC) founder Circle attended the World Economic Forum (WEF) to explain “why USDC is a dollar with super powers.” The WEF took place between Jan. 16 and Jan. 20, 2023, in Davos and hosted ov...
Circle Cross-Chain Protocol Approaches Launch Date
Circle – the issuer of the second largest stablecoin by market cap, USDC – is preparing to launch a permissionless protocol for letting users transfer their stablecoins between blockchains. The compa...
Circle co-founder says a cross-chain protocol for USDC is getting closer to launch
Jeremy Allaire, the co-founder and CEO of Circle, has notified the crypto community that the launch of their Cross-Chain Transfer Protocol (CCTP) is getting closer. CCTP and USDC The CCTP, he explain...
Coinbase and Circle Funded Former FTX President’s New Crypto Startup
Brett Harrison, former President of FTX introduced his new crypto startup. He was the President of the now-bankrupt cryptocurrency exchange, FTX US. And in September 2022, he stepped down from his rol...
Circle CEO highlights silver lining amid FTX catastrophe
Jeremy Allaire, co-Founder and CEO at Circle, shared his thoughts on the state of the market following FTX during the World Economic Forum in Davos, Switzerland. Jeremy Allaire on the positive consequ...
Coinbase, Circle Back Former FTX US President’s New Crypto Venture
The former President of FTX.US Brett Harrison is back with a new venture for crypto traders. And despite his ties to the defunct exchange empire, he’s landed support from key players. Architect, the ...
Former head of FTX.US raises $5M from Coinbase, Circle for a new crypto startup
Former FTX.US President Brett Harrison is in the process of launching a new cryptocurrency startup that would service institutional clients. According to a Bloomberg News report, Harrison has raised $...