Circle | ForkLog

ForkLog 9 18.11.2021

Circle launches USDC initiative aimed at women and minorities

The cryptocurrency company Circle has unveiled an initiative aimed at engaging underserved communities in digital finance, often left out of the United States' traditional financial system.

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ForkLog 13 15.11.2021

Circle to launch stablecoin pegged to the Japanese yen

One of the operators of the USDC stablecoin, Circle, announced the launch of a stablecoin pegged to the Japanese yen through its venture arm Circle Ventures. As part of expanding its presence in Asia, the company will also open an office in Singapore, Bloomberg reports.

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ForkLog 10 12.11.2021

Circle backs regulation of stablecoin issuers as banks

The USDC stablecoin operator Circle backed the Biden administration's plan to regulate stablecoin issuers as banking institutions, according to Yahoo Finance.

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ForkLog 10 11.11.2021

Circle launches fund to invest in attractive crypto projects

The cryptocurrency company Circle announced the launch of a venture fund, whose main objective is to invest in attractive blockchain and digital asset projects at early stages.

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ForkLog 14 18.10.2021

Centre consortium launches USDC stablecoin on Hedera Hashgraph

The Centre consortium behind USD Coin (USDC) has launched a stablecoin on the Hedera Hashgraph blockchain, according to the non-profit organization responsible for developing the network, the HBAR Foundation.

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ForkLog 12 05.10.2021

SEC opens investigation into Circle

The U.S. Securities and Exchange Commission (SEC) has opened an investigation into Circle. The matter is described in documents published on October 4.

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ForkLog 12 24.09.2021

Circle chief urges not to imitate China on crypto regulation

The United States and other Western countries have two ways to respond to China’s actions regarding cryptocurrencies and blockchain: to imitate Beijing or to oppose it, in line with the values of the 'open internet'. This was stated by Circle CEO Jeremy Allaire, urging the second option.

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ForkLog 12 23.08.2021

USDC issuer to shift reserves into cash and U.S. Treasuries

The USD Coin (USDC) reserves from the Centre consortium, which includes Circle and Coinbase, will consist solely of cash and U.S. Treasury bills.

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ForkLog 12 10.08.2021

Circle to become a national full-reserve digital-currency commercial bank

Circle will become a 'commercial cryptocurrency bank with full-reserve banking', whose activities will be regulated in accordance with the risk-management requirements of the Federal Reserve System, the U.S. Department of the Treasury, the OCC and the FDIC.

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ForkLog 13 09.08.2021

Circle to raise $546 million in follow-on stock offering to acquire Concord Acquisition Corp

Circle will conduct a follow-on stock offering worth more than $546 million for a deal with SPAC Concord Acquisition Corp, through which the cryptocurrency company would go public.

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ForkLog 11 20.07.2021

Circle discloses details of USDC reserves

The majority of USDC stablecoins are backed by US dollars. The remaining coins are backed by bonds and other highly liquid assets.

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ForkLog 5 20.07.2021

Mastercard to simplify crypto-to-fiat conversion

Mastercard plans to expand its crypto card program to simplify converting digital assets into fiat.

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