Regulations Roundup: SEC Considers Crypto Fund Criteria, South Korea Warns Investors

In this edition of Regulations Roundup, we focus on the U.S. Securities and Exchange Commission’s (SEC) ongoing discussions with companies that are interested in setting up cryptocurrency funds. We also look at a recent warning by the South Korean financial regulator about virtual currency investments, as well as a call by the CEO of U.S. … Read more

Bitcoin Price Watch: Currency Remains at $6,400, Good Sign Things Aren’t Slumping

At press time, bitcoin remains in the lower $6,400 region, and is virtually unchanged from yesterday. The father of crypto – like every digital asset in today’s market – has exhibited heavy signs of volatility over the past week, typically hopping around between $6,000 and $6,500. Thus, it’s nice to know the coin is looking … Read more

Cryptocurrency Firm Circle Sees Institutional Interest Spike 30%

This week the cryptocurrency firm Circle revealed it has seen a significant uptick in institutional interest. According to Circle CEO and co-founder, Jeremy Allaire says even though cryptocurrency markets were down in during the month of May the company saw a 30 percent spike from institutional clients last month. Also read: Meet Three More Applications That … 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

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 … Read more

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