Archive | Circle

Circle’s CEO Allaire: Every World Currency Will Soon Have a Digital Version

The CEO of fintech firm Circle claims that every world currency will one day have their own digital version. Jeremy Allaire spoke to CNBC in an interview today about the inevitability of a crypto dollar, yen, and euro in the future. Allaire: “All Fiat Currency Will be Crypto” Jeremy Allaire spoke in no uncertain terms… […]

Fidelity Searches for New Fund Manager to Run Crypto Arm

Fidelity’s recently revealed crypto fund is seeking a new fund manager after two key members have left to start their own crypto-focused venture capital firm. Fidelty’s Crypto Fund The crypto fund at Fidelity, the fund manager and 401(k) provider that manages $2.5 trillion in assets, is ‘small and exploratory,’ and, as of now, inactive, according… […]

Embracing Regulation Is Good for Bitcoin, Analyst Says

Bitcoin is treading water since testing the $6,000 level for ground in early February 2018. The previous bullish momentum was capable of printing its all-time high near $20,000, but many questions have arisen since then, particularly in regard to regulatory grey areas. Adoption and compliance to governments regulation for the cryptocurrency market and initial coin… […]

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 […]

Circle Attempting US Banking License

Cryptocurrency exchange Circle is seeking a banking license from the federal government of the United States. If successful, this would be the first cryptocurrency exchange that becomes an official bank in the United States, which would be a major milestone for the cryptocurrency world. Becoming a bank would give Circle some important benefits, such as […]

Crypto Platform Circle in Talks to Obtain Federal Banking License

Taking a step towards mainstream financial markets, one of the most valuable cryptocurrency platforms, Circle Internet Financial Ltd., is looking to make moves into the highly regulated realm of U.S. banks and brokerages. Circle Initiate Talks With US Regulators More specifically, Circle plans to obtain a federal banking license to provide more services to customers…. […]