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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..

Tron’s Justin Sun to Reschedule Warren Buffett Lunch ‘Very Soon’

News Tron founder and CEO, Justin Sun, says he’ll reschedule his charity lunch with Berkshire Hathaway chairman and billionaire Warren Buffett “very soon.” The CEO announced the news during a live stream on Tuesday, Sept. 24. An open invitation to the leader of the free worldAs reported, Sun had ..

Chinese Homecoming — Crypto Companies Make Their Way Back to Asia

Analysis In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his firm was all set to make its first strategic investment in China since leaving the Asian powerhouse back in 2017. At the time, the government had enforced a local crypto ..

Payments Firm Circle Pauses Circle Research in Most Recent Cutback

News Crypto finance startup Circle announced that it is hitting the pause button on its Circle Research activities. Deciding on a future directionIn a blog post on Sept. 24, the Circle team said the suspension came despite “significant progress” with its content offerings. The team of the Goldman ..

Circle CEO: No One in the World Is Any Closer to CBDCs than China

News China has the most progressive approach to central bank digital currencies (CBDCs) to date, according to Circle CEO Jeremy Allaire. The only global bank to really care Allaire said that China’s central bank has the most advanced thinking about CBDCs in an interview aired on Phoenix Chinese Ne..

IEOs, ICOs, STOs and Now IDOs — How to Raise Funds for Crypto in...

Analysis The crypto community has seen a tectonic shift in fundraising trends: from the decline of initial coin offerings (ICOs) to the hype around security token offerings (STOs) and then the rise of initial exchange offerings (IEOs). The inclination for fundraising seems to evolve every year. Si..

Circle CEO Says Tokenized Fiat Currencies Are on the Horizon

News Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized. Significant digital currenciesIn an interview on Aug. 21 on the podcast Global Coin Research, Allaire said th..

Circle Looks to Raise $100M for Its Equity Platform SeedInvest

News Goldman Sachs-backed crypto startup Circle plans to deploy a $100 million venture capital fund for its equity crowdfunding platform SeedInvest. According to a recent job posting on LinkedIn, Circle is seeking the general partner that will be responsible for raising and managing the fund in pa..

Bitcoin’s Safe Haven Status Now More Relevant Than Ever

Bitcoin has consolidated its safe-haven status especially amid the mass demonstrations in Hong Kong and global uncertainty, Circle CEO Jeremy Allaire hinted in an interview with CNBC’s Squawk Box. Circle CEO Sees Increased Demand from Holders On August 19, Circle’s Allaire said that investors were ..

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