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Circle Cuts Another 10 Employees, Rejects Connection to CEO Stepping Down

News Payments company Circle has reportedly laid off another ten employees, following the news that its CEO Sean Neville quit his position — events that the firm says are unlinked. On Dec. 11, a Circle representative told Cointelegraph ”we've streamlined some departments and eliminated about ..

Circle Co-Founder Sean Neville Quits as CEO After Reshuffle: Report

News Payments company Circle will install a new CEO at the start of 2020 after one of its original co-founders steps down from the position. According to cryptocurrency media outlet CoinDesk on Dec. 5, co-founder and co-CEO Sean Neville will transition to a post on the company’s board of director..

Circle to Charge Fees on US-Based Poloniex Traders’ Crypto After Dec. 16

News Circle, the parent company of cryptocurrency exchange Poloniex, says it could charge United States users fees and even confiscate users’ entire balances if they do not remove their funds. In a blog post on Dec. 3, Circle warned that U.S. traders have no option but to stop using Poloniex, a po..

EToro’s Platform EToroX Lists Dash and Seven Stablecoins

News EToroX, the digital asset platform of social trading platform eToro, announced the listing of privacy coin Dash and seven stablecoins in a press release published on Nov. 12. Per the release, eToroX users can now also trade stablecoins backed by the Turkish Lira (TRYX), Polish Zloty (PLNX), S..

Two Former Circle Executives Co-Found Proprietary Crypto Trading Firm

News Two former executives at crypto finance firm Circle and former DRW executive jointly founded proprietary crypto trading firm CMS Holdings. The new ventureCoindesk reported on Nov. 12 that the firm is the joint venture of former Circle executives Daniel Matuszewski — former head of the firm’s ..

‘I’m not buying anything,’ says Tron CEO Amid Reports of Poloniex Acquisition

News Tron (TRX) founder and CEO Justin Sun has possibly refuted recent reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex. In a tweet published on Oct. 19, Sun has claimed that he is “not buying anything,” noting that he is an inves..

So Long America: Circle Parts Ways with Poloniex Exchange

“Winding down” and “spinning out”. That’s what Poloniex is calling their latest move in an email that was just released to all it’s customers. It’s their way of stating that the exchange – which was initially independent but later became a member of the Circle group – is now once again leaving Circ..

Poloniex Spins Out From Circle to Form New Exchange Not Available in US

News United States-based crypto exchange Poloniex is spinning out from Circle to form a new exchange that will not support trading for customers based in the U.S. New firm receives backing from Asian investment groupThe new independent firm, called Polo Digital Assets, will free Poloniex from its ..

Bermuda Becomes First Gov’t to Accept Tax Payments in USDC Stablecoin

News Global financial services company Circle announced that Bermuda became the first government to accept its stablecoin USD Coin (USDC) for tax payments. Part of a broader government initiative to embrace stablecoinsAccording to a press release shared with Cointelegraph on Oct. 16, this developm..

Coinbase, Kraken to Jointly Define Which Cryptos Are Securities: Report

News Major United States’ crypto firms such as Coinbase and Kraken teamed up to launch a rating system to jointly define which digital assets are securities. Crypto Ratings Council to launch on Sept. 30In a move to provide more clarity for what tokens can be traded without the supervision of regul..

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