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Stablecoins, Unstable Crypto Market Propel Coinbase Profits
Stablecoins, Unstable Crypto Market Propel Coinbase Profits
February 16, 2024  |  Earnings

Renewed investor enthusiasm for crypto has been good news for U.S. cryptocurrency exchange Coinbase. And while 2023 wasn’t the greatest year for crypto, it was no...

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Will Specter of Public Runs and More Regulation Blunt Stablecoins’ Use in Commerce?
Will Specter of Public Runs and More Regulation Blunt Stablecoins’ Use in Commerce?
February 07, 2024  |  Cryptocurrency

Stablecoins need more regulation. Stablecoins might, in some cases, cause runs. And as government officials and financial institutions (through the Bank for International Settlements) sound...

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Circle CEO: ‘Good Chance’ US Adopts Stablecoin Rules in 2024
Circle CEO: ‘Good Chance’ US Adopts Stablecoin Rules in 2024
January 15, 2024  |  Cryptocurrency

Circle’s CEO is confident that 2024 will be the year America adopts stablecoin legislation. While the U.S. has no federal cryptocurrency legislation, Jeremy Allaire, whose...

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Stablecoin Issuer Circle Resurrects Plan to Go Public
Stablecoin Issuer Circle Resurrects Plan to Go Public
January 11, 2024  |  Cryptocurrency

Stablecoin issuer Circle Internet Financial is relaunching its plan to go public. The company confidentially filed paperwork for an initial public offering (IPO) with the...

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VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
January 10, 2024  |  Cryptocurrency

The year 2023 proved to be a challenging period for cryptocurrency startups, as scandal and regulatory issues took a toll on fundraising efforts. Venture capital...

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Circle Receives Asset Service Provider License in France
Circle Receives Asset Service Provider License in France
December 21, 2023  |  Cryptocurrency

USDC stablecoin issuer Circle was named a digital asset service provider (DASP) in France. The company announced the conditional approval of its new designation with...

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Stablecoin Lobbying Efforts Surge Ahead of 2024 Congressional Debate, Election
Stablecoin Lobbying Efforts Surge Ahead of 2024 Congressional Debate, Election
December 20, 2023  |  Cryptocurrency

The cryptocurrency industry’s lobbying efforts over the regulation of stablecoins reportedly saw an increase in spending throughout 2023. Stablecoins, which serve as a bridge between...

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Circle and SBI Holdings Partner to Promote Stablecoins in Japan
Circle and SBI Holdings Partner to Promote Stablecoins in Japan
November 27, 2023  |  Partnerships

SBI Holdings, a Japanese financial services company, partnered with Circle, a global FinTech, to promote the use of stablecoins in Japan. The collaboration comes after...

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Circle and TBD Aim to Launch DeFi-Focused Foundation
Circle and TBD Aim to Launch DeFi-Focused Foundation
October 23, 2023  |  Partnerships

TBD and Circle have launched a partnership centered around open source adoption of decentralized identity. The collaboration, announced Monday (Oct. 23), will also culminate in a non-profit founded...

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