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Circle
Crypto CEOS Testifying at Landmark Hearing
Amidst regulatory uncertainty, FTX’s Sam Bankman-Fried, Bitfury’s Brian Brooks, and Circle’s Jeremy Allaire are among the six executives speaking at today’s House Financial Services Committee hearing. CoinDesk’s Nikhilesh De discusses the potential outcomes. Plus, the Senate Banking Committee will reconvene next Tuesday to discuss stablecoins.
Crypto CEOs to Testify Before House Financial Services Committee
FTX’s Sam Bankman-Fried, Bitfury’s Brian Brooks and Circle’s Jeremy Allaire are among the executives who will speak at the Dec. 8 hearing.
US Senate Banking Panel Head Seeks More Information About Stablecoins From Issuers, Exchanges
The move comes after a recent report highlighted stablecoins’ potential risks to consumers, investors and the financial system as a whole.
Mexican Crypto Exchange Bitso Incorporates Circle Solutions for Cross-Border Payments Initiative
The Bitso Shift initiative will allow Mexican businesses to make cross-border transactions more securely and easily.
Circle Launches Initiative to Boost Global Financial Inclusion
The stablecoin issuer is allocating a share of USDC reserves to support minorities and women, as well as help with worldwide humanitarian efforts.
Circle Invests in JPYC, Baby Shark NFTs Announced
Axie Infinity earnings drop below minimum wage level in the Philippines. USDC issuer Circle to invest in Japanese yen stablecoin. Baby Shark creator announces an NFT series. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Circle Establishing Singapore Hub Amid Global Expansion
The USDC backer is also seeking stablecoin partners in the region.
Circle’s New VC Fund Backs $4.4M Funding Round for Japanese Stablecoin Issuer
The investment in JPYC, whose coin is pegged to the Japanese yen, is the fund’s first.
Circle Launches Venture Capital Fund for Early Stage Blockchain Projects
The fund, which doesn’t have a predetermined monetary amount, has already deployed initial capital.
US Stablecoin Report Gets Mixed Reviews From Crypto Industry
Issuers’ reactions ranged from effusive to diplomatic, but lobbyists pushed back against stablecoin recommendations by the President’s Working Group on Financial Markets.
