Circle Is Pursuing a US Banking License

Boston-based crypto-focused financial services firm Circle plans to seek a federal banking license to diversify the services it offers to its users. According to a Bloomberg report yesterday, the firm also plans to pursue licensing as a brokerage and trading venue to facilitate the sale and purchase of digital assets which may be categorized as … Read more

Circle to Seek Federal Banking Licensing with U.S. OCC

Circle Internet Financial Ltd has revealed that it is currently seeking to obtain a federal banking license with the U.S. Office of the Comptroller of the Currency (OCC) in order to expand the services available to the company’s customers. It also hopes to pursue registration with the U.S. Securities and Exchange Commission (SEC) as a … Read more

Circle Adds New Feature Allowing Newbies to ‘Buy the Market’

Circle is going after fresh entrants to the cryptocurrency trading market with a new tool that allows them to invest in multiple coins as once. This feature is different than an index fund in a few crucial ways, perhaps most importantly being available to everyday investors not just the rich and trading professionals. Also Read: Economics … Read more

Bitcoin in Brief Saturday: Warren Warned By Billboards, Coinbase Tempted by Banking

In Bitcoin in Brief today, billionaire Warren Buffett has been reminded that he was wrong about Google and Amazon, and told he might be wrong about bitcoin, too. Billboards have appeared outside his office to convey the message of the crypto community. Also, a report suggests that the US cryptocurrency exchange Coinbase may apply for … Read more

What Is the USDC Stablecoin?

Circle has always been an intriguing company in the world of cryptocurrency. The firm makes it easier for consumers to invest in Bitcoin and altcoins through traditional payment methods. It now seems the company is looking to create its very own stablecoin, which is pegged to the US dollar. This currency will be known as … Read more

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! … Read more