The CEO of crypto payments firm Circle, Jeremy Allaire, suggested that macroeconomic turmoil is responsible for Bitcoin’s recent growth.
Circle News
Circle is a service for making instant money transfers. The Circle startup was launched in 2013 by Jeremy Allaire and Sean Neville. The Circle app is a platform that allows users not only to send and receive money, but also stores it as well. In 2015, the Circle company got a BitLicense and started operating as a Bitcoin wallet service to trade with cryptocurrency. The main feature of using Circle is that Bitcoin kept in the wallet is insured, so the in case of money being stolen from the user’s account, all the money will be compensated. For this, Circle keeps the equal amount of cryptocurrency on its account to all the Bitcoin stored on the platform. Currently, the Circle finance company uses blockchain technology for not only crypto transactions, but for traditional transfers as well.
- News
- Follow up
A recap of U.S. Senate’s crypto hearing: discussions about financial inclusivity, potential benefits of crypto and more criticism of Facebook’s Libra...
- News
Crypto and blockchain companies need incentives to stick around, says Circle CEO Jeremy Allaire in aftermath of Senate hearings.
- Recap
Who represents crypto in a U.S. Congressional hearing dubbed “Examining Regulatory Frameworks for Digital Currencies and Blockchain”, weeks after Facebook’s Lib...
- News
The United States Senate Banking Committee is set to hold a broader debate on crypto and blockchain regulatory frameworks next week.
- News
by Helen Partz
Circle has launched a new subsidiary in Bermuda to serve non-American Poloniex customers, stressing U.S. regulatory limitations.
- News
by Helen Partz
Circle CEO Jeremy Allaire will be one of seven people Tron’s Justin Sun will take to the power lunch with Warren Buffett.
- Analysis
by Samuel Haig
A new deposit functionality has been rolled out following news of a Bakkt payment app and Coinbase Card’s expansion into six European nations...
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Jeremy Allaire, CEO of payments company Circle, said that Facebook's Libra will run in a closed-loop permission scheme, requiring a different regulatory approac...
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Circle CEO Jeremy Allaire believes non-sovereign cryptos such as bitcoin will see continued growth despite the emergence of assets such as Facebook’s Libra and ...
- Analysis
Centre consortium founders Coinbase and Circle open invitations to other institutions wishing to issue USD Coin.
- News
Peer-to-peer payments technology firm Circle is closing its payment app Circle Pay in view of developing new crypto financial services.
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