
Tag "circle"
Crypto Firm Circle Announces Intentions To Be a National Digital Currency Bank
Circle, creator of the second largest stablecoin USDC, announced its intention to become a full-reserve national commercial bank, operating under the supervision of the Federal Reserve, U.S. Treasury, Office of the Comptroller of the Currency (OCC), and the Federal Deposit
Read MoreMastercard Taps Circle for Payment Settlement Pilot With USDC Stablecoin
Circle and Mastercard announced an engagement to use the USD Coin (USDC) to facilitate crypto-to-fiat conversions in a pilot programme to expand the ability of issuers and crypto businesses to enable customers to spend their crypto assets. The engagement will
Read MoreCrypto Firm Circle Eyes IPO Through SPAC Merger, Bolstered by US$1.1 Billion in Capital
Cryptocurrency company Circle is eyeing an initial public offering (IPO) via a merger with Concord Acquisition Corp, a publicly-traded special purpose acquisition corporation (SPAC) in a deal that values the firm at US$4.5 billion. The transaction is anticipated to close
Read MoreCrypto Firm Circle Raises US$440 Million, Considers US$4 Billion SPAC Deal
Circle, creator of the second largest stablecoin USDC, announced it has raised US$440 million in financing from leading institutional and strategic investors. The financing included investments from leading private equity, institutional and strategic investors, including Fidelity Management and Research Company,
Read More15 Most Valuable Fintech Startups and Companies in Europe
The fintech ecosystem in Europe is steadily maturing with adoption of digital financial services continuing to grow and key enablers, including consumer acceptance, number of information and communication technologies (ICT) specialists and easiness to start new businesses, evolving positively, according
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