Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets

On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre Consortium’s accountant, Grant Thornton explaining that the stablecoin’s reserve account information matches the accompanying reserve account […]

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London’s LBX Launches Solution for Bank-Shunned Crypto Companies

London-Based LBX Launches a Safeguarded Accounts Service for Third Party PaymentsCryptocurrency businesses that have faced difficulties in securing banking services in the UK now have a new option. LBX has launched a new service offering access to an account where clients can store, manage and transfer both their fiat currency and cryptocurrency holdings. Also Read: Mobile SMS Bitcoin Cash Wallet Cointext Expands to Asia “LBX […]

The post London’s LBX Launches Solution for Bank-Shunned Crypto Companies appeared first on Bitcoin News.

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Japan’s Largest Bank to Launch Cryptocurrency Exchange

Japan's Largest Bank to Launch Cryptocurrency ExchangeAs bitcoin trading becomes the new mainstream in Japan, leading financial firms are stepping in to offer services to preserve their market share. MUFG, the largest bank in the country, is now planning to launch its own exchange, a pegged cryptocurrency and bitcoin segregated accounts for clients of other exchanges. Also Read: Some UK Mortgage […]

The post Japan’s Largest Bank to Launch Cryptocurrency Exchange appeared first on Bitcoin News.

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