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Tag: Circle

April 16, 2025

Financial Intelligence Update: SEC Investigations into Coinbase, Circle, and the Evolution of Stablecoin Regulation

The U.S. Securities and Exchange Commission (SEC) has conducted a multi-year investigation into the revenue-sharing arrangement between Coinbase and Circle regarding the USD Coin (USDC) stablecoin. These inquiries began in 2023 under then-SEC Chair Gary Gensler, focusing on how stablecoin revenue was generated, the transparency of disclosures, and the formula used to determine Coinbase’s share of USDC revenue.

April 2, 2025

Stablecoin Issuer Circle’s IPO – Executive Investor Briefing

Circle – the issuer of the USD Coin (USDC) stablecoin – has filed for an IPO, marking a milestone as the first major stablecoin company to seek a public listing. This move signals a pivotal moment for the crypto industry, bridging the gap between digital assets and traditional finance. Circle’s public debut (planned on the NYSE under ticker “CRCL”) is expected to enhance transparency and trust in stablecoins.

Crypto-Trading

December 12, 2024

Stablecoin Sector Surges to $200 Billion Market Cap – A New Milestone

The stablecoin sector has smashed through the $200 billion market cap milestone, fueled by surging demand across crypto markets, payments, and remittances. Key players like Tether and Circle are leading the charge, while innovative yield-bearing tokens are reshaping the landscape. Asset manager Bitwise sees the stablecoin market growing to $400 billion next year.

November 28, 2024

Stablecoin Trading Volume Soars to $1.8 Trillion in November 🚨

Amid the ongoing crypto bull run, stablecoins are breaking records! November saw trading volumes hit $1.8 trillion, fueled by institutional confidence and market momentum. However, the cybercrime and drug businesses also fuel the stablecoin usage. Tether and Circle dominate the space, but newer players like Ethena Labs' USDe are catching attention.

October 3, 2024

Circle Joins U.S.-Led Initiative to Combat Illicit Finance in Virtual Assets!

Erik Rosenblatt, a senior leader at US stablecoin issuer Circle, will represent the company on the Illicit Virtual Asset Network (IVAN) board. Prior to joining Circle, Rosenblatt spent over two decades as a special agent with the U.S. Department of Homeland Security and the U.S. Department of the Treasury. As part of IVAN, Circle will have a voting role in determining the network's priorities and membership.

July 4, 2024

PayRate42 Awards Circle with “Green Compliance” and “Green Risk” Ratings

Cyberfinance rating agency PayRate42 has awarded Circle, the issuer of the stablecoin USDC, with top ratings for both compliance and risk. The "Green Compliance" and "Green Risk" ratings reflect Circle’s adherence to stringent regulatory standards and its robust risk management framework. This recognition comes as Circle becomes the first stablecoin issuer to secure a license under the European Union’s Markets in Crypto-Assets (MiCA) regulation.

FinTelegram

January 13, 2024

Welcome To the Next Crypto Bull Run: Stablecoin Issuer Circle Prepares For IPO!

Oh yes, the crypto hype is back in town. Circle, the company behind the issuance of the USDC stablecoin, has made a significant step towards going public. According to a press release, the firm has filed confidential documents with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO). This move comes notably just a day after the SEC's landmark approval of 11 spot bitcoin exchange-traded funds.

December 22, 2023

Stablecoin Issuer Circle Obtained Conditional Registration as DASP In France!

Circle, the issuer of the stablecoin USDC, has taken a significant step in expanding its European presence by obtaining conditional registration as a Digital Asset..

FinTelegram

October 13, 2023

Circle Admitted As Amicus Curiae In SEC vs. Binance Lawsuit!

U.S. District Judge Amy Berman Jackson has reportedly issued several orders addressing outstanding motions in the ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and crypto trading platform Binance in preparation for an upcoming pivotal hearing. One of the significant orders Judge Jackson gave was the approval of an amicus brief submitted by USD Coin (USDC) issuer, Circle.

March 12, 2023

USDC Stablecoin Issuer Circle Provided Statement Of Impact Of SBV Collapse!

The Silicon Valley Bank's (SVB) sudden death on Friday triggered shockwaves in the already traumatized crypto scene. One of the victims of the SVB collapse was the USDC stablecoin, which is 100% collateralized with cash and US Treasuries. $3.3 billion of USDC’s cash reserves had been deposited with SVB at the time of the collapse. The USDC price dived but recovered quickly. USDC issuer Circle said they hope the regulators will find a solution that protects customers’ assets 100%.

March 12, 2023

Contagion Fear: Silicon Valley Bank Collapse May Trigger Global Startup Wipe-Out Tsunami!

According to a Reuters report, the U.S. financial sector and the startup scene are shaken by the sudden death of the Californian Silicon Valley Bank (SBV). The contagion fear reaches global dimensions. Financial industry executives, investors, and founders are concerned that the SBV collapse could result in a domino effect on other regional banks and startups. The regulators are urged to intervene to avoid a massive wave of startup wipe-out.

May 29, 2019

Defend Crypto Crowdfunding Campaign – Messaging Service Kik fights SEC’s ‘Innovation Tax’

During the ICO hype in 2017, Canadian messaging app Kik raised about $100 million in an ICO with the issuance of their Kin token. Only..

The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.