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Circle Raises $110Mn With Plans to Launch USD-Backed Coin
The cryptocurrency based firm Circle announced it has raised $110Mn USD in a Series E fundraising round led by the Chinese firm Bitmain Technologies. Circle now joins Coinbase as one of the most well-funded cryptocurrency companies in the U.S., and the Boston-based firm has announced plans to issue a dollar-backed cryptocurrency called USD-C. Also read: Yahoo! […]
The post Circle Raises $110Mn With Plans to Launch USD-Backed Coin appeared first on Bitcoin News.
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Circle Raises $110 Mln In Investment Round, Plans To Release Fiat-Based Stable Coin
Circle has raised $110 mln in an investment round led by mining hardware manufacturer Bitmain, Circle plans to release a fiat-backed smart coin this summer
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Bitcoin in Brief Thursday: Big Money Wears Big Horns, Claws Are In the Closet
In today’s Bitcoin in Brief we’re talking about big money and big expectations. While the ratio between bulls and bears is constantly changing in the crypto market arena, experts working with venture capital investments and large crypto trades report positive trends and share optimistic sentiments. On that backdrop, “Why is our digital society still using […]
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20% of Financial Institutions Examining Starting Cryptocurrency Trading Soon
The cryptocurrency trading market is about to receive an influx of more big banks, hedge funds and other financial institutions within the next few months to a year. A new survey shows that while most are keeping quiet in public about their crypto plans, many are preparing to enter the field. Also Read: Barclays Testing […]
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Circle Doubles Minimum Bitcoin Trade To $500K As CEO Says Volumes Will Rise
$500k is now the new minimum trade amount for Circle Trade investors. #NEWS
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NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses
This week the New York State Department of Financial Services (NYDFS) Superintendent, Maria Vullo, discussed the controversial state Bitlicense, a set of regulations aimed at monitoring and regulating cryptocurrency operations. According to Vullo, the regulatory policies enacted by the former Superintendent Ben Lawsky and the NYDFS has stimulated greater interest towards licensed companies in the […]
The post NYDFS Superintendent Was Wrong — Bitlicense Severely Damaged Bitcoin Businesses appeared first on Bitcoin News.
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Bitcoin in Brief Sunday: Stablecoin v Stablecoin
Today’s Bitcoin in Brief provides some leisurely Sunday reading for anyone who has a life to live outside of crypto. We curate the best stories from the past 24 hours and condense them into a daily digest so you can stay in the loop in less time than it takes to boil a kettle. In […]
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Monex Shares Jump Following News of Coincheck Acquisition
Monex Group, a Tokyo-based financial services group, is considering buying Coincheck. Shares in Monex jumped 23% off news that the retail investor was eyeing the Japanese exchange that was notoriously hacked this year. The move would benefit both parties, giving Monex an entry into the burgeoning crypto markets and granting Coincheck’s owners a way out. […]
The post Monex Shares Jump Following News of Coincheck Acquisition appeared first on Bitcoin News.
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Test Drive: New Cryptocurrency Mobile App ‘Circle Invest’
This week news.Bitcoin.com gave the beta version of the new Circle Invest application a trial on Apple’s Testflight platform. The new Circle app aims to be a Coinbase competitor by the looks of the user interface as the platform has a lot of similarities. See also: How to Buy Bitcoin When You’re Underage The Circle Invest […]
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