Key Takeaways As part of its global expansion efforts, stablecoin issuer Circle has received preliminary regulatory clearance from the Financial Services Regulatory Authority (FSRA) within the Abu Dhabi Global Market (ADGM). The in-principle approval (IPA) paves the way for Circle…
Key Takeaways Circle is all set to launch its stablecoin USDC in Japan on March 26. The move follows regulatory approval for USDC from Japan’s Financial Services Agency (FSA), making it the first global dollar-backed stablecoin authorized for use under…
key takeaways: Circle, a leading global financial technology company, has recently introduced a groundbreaking product to the cryptocurrency industry. The company has launched a wallet-as-a-service platform, revolutionizing the way individuals and businesses store, manage, and transact with digital assets. Circle…
Key Takeaways On Tuesday, Circle, announced the acquisition of Hashnote, a prominent issuer of tokenized real-world assets (RWAs). The deal was finalized the same day and unveiled at the World Economic Forum in Davos, Switzerland. Circle has not disclosed the…
USD Coin stablecoin issuer Circle refuted allegations of illegal funding and connections to Justin Sun, the founder of Tron.
Key Takeaways In a strategic move, Circle, the issuer of the USDC stablecoin, has announced the discontinuation of support for consumer Circle Mint accounts. This decision signifies a significant shift towards institutional-focused operations, bringing it closer to the practices of…
Key Takeaways Cryptocurrency giant Coinbase Global has unveiled a strategic maneuver that involves an equity stake acquisition in Circle Internet Financial. As part of this development, the collaborative management entity called the Centre Consortium, responsible for overseeing the widely used…
With increasing numbers of individuals turning to cryptocurrencies due to the inefficiencies of traditional payment systems, the CEO warned that the dollar's dominance is at stake.
. The exploit resulted in the loss of over $126 million worth of various tokens, prompting Circle and Tether to freeze more than $65 million in associated assets.
Key takeaways: In today’s globalized world, businesses face numerous challenges when it comes to cross-border payments. Issues such as high fees, slow transaction times, and complexities associated with traditional banking systems can create hurdles for companies operating on an international…
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