Circle Internet Financial – DIGIT INFO

Bittrex, Merkle Science, Bitgo Join Crypto Market Integrity Coalition

DIGIT — Thu, 29 Sep 2022 22:00:39 +0000

Following the introduction of the Crypto Market Integrity Coalition (CMIC) with 17 member firms last February, the organization has added eight new members. New coalition recruits include Bittrex, Merkle Science, Crystal Blockchain and Bitgo. 8 Crypto Market Firms Join Crypto Market Integrity Coalition to Improve Self-Regulation Seven months ago, 17 crypto firms announced the formation […]

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Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves

DIGIT — Wed, 29 Jun 2022 19:30:15 +0000

Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle Partners With New York Community Bancorp On Tuesday, Circle announced that it is collaborating with […]

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Circle Chooses BNY Mellon to Custody USDC Reserves

DIGIT — Fri, 01 Apr 2022 04:24:46 +0000

Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion. BNY Mellon to Become USDC’s Primary Custodian Circle has chosen America’s oldest investment bank to custody the […]

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17 Crypto Firms Form a Market Integrity Coalition Aimed at Bolstering a Sensibly-Regulated Industry

DIGIT — Mon, 07 Feb 2022 19:00:24 +0000

On February 7, 2022, a group of 17 digital asset companies revealed they formed an organization called the Crypto Market Integrity Coalition (CMIC). The well-known firms include crypto companies like Coinbase, Circle Internet Financial, Huobi Tech, Bitmex, Cryptocompare, and Solidus Labs. The newly formed group says the coalition is “committed to a safe and sensibly-regulated […]

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Circle Captures $440 Million in Financing, Rumors of SPAC Deal Follow

DIGIT — Sat, 29 May 2021 21:30:17 +0000

The Boston-based cryptocurrency finance firm Circle has announced the company has raised $440 million in financing in order to “drive market expansion and growth.” The investment was led by prominent finance firms like Digital Currency Group, Fidelity Management and Research Company, and FTX. Circle Reveals $440 Million in Financing Circle Internet Financial, Inc. has revealed […]

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IRS authorized to access information on Circle’s crypto traders to nab tax cheats

DIGIT — Fri, 02 Apr 2021 06:04:40 +0000

The Internal Revenue Services will seek information from Circle on all U.S. taxpayers who traded at least $20,000 worth of crypto between 2016 and 2020.

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