Articles of Circle

Can the Circle, which has its core business centered on stablecoins, withdraw its divestiture business, can "bet" this time?

Wen | Editing by Zhou Wenyi | Bi Tongtong Source | PANews After six years of business, the unicorn Circle reached the fork and made strategic adjustments again. On December 17, the official Circle blog announced the sale of the Circle Trade OTC business to Kraken, and stated that the company will focus on the […]

Circle's broken arm survives: layoffs, sell OTC department, specialize in stablecoin business

On December 18, the San Francisco-based cryptocurrency exchange Kraken announced that it had acquired Circle Trade, the OTC unit of Circle. Circle co-founders Sean Neville and Jeremy Allaire confirmed the news, saying: "We and Jesse of Kraken have known each other for many years. We admire him and his team. We also have full confidence […]

Cut off three businesses in one year, co-CEO stepped down, Circle decides to die for stablecoin

Written ahead: Sean Neville and Jeremy Allaire, co-founders of Circle They explained in the article why Circle recently cut off its exchange, OTC and payment app businesses, that is, they hope that Circle will bet on global stablecoins in the future. In order to achieve this goal, Circle not only adjusted its business, but also […]

Hearing Preview: Circle CEO calls on Congress to treat cryptocurrency as a new asset class

At 10:00 pm Beijing time on July 30, cryptocurrency will once again become the focus of Capitol Hill, and the US Senate Banking Committee will hold a hearing to discuss current and potential regulation of the cryptocurrency and blockchain industries. It is reported that Circle CEO Jeremy Allaire will represent the Blockchain Association Trade Group […]

Uncontrollable burden, Circle will transfer the exchange business overseas

As US congressmen and finance ministers consider strict regulation of cryptocurrencies, Circle has packed up and moved to Bermuda overseas. Circle avoids regulatory pressure As regulatory pressures on cryptocurrency companies continue to strengthen, Circle announced that it will transfer almost all its trading operations overseas. Earlier today, Circle announced the news after obtaining a commercial […]

Poloniex crazy to clear the token: Who is the next one to be fired?

Circle (a payment finance company known as the "US version of Alipay") acquired Poloniex (commonly known as P-net), one of the largest password exchanges in the United States, in February 2018. Since then, the exchange has taken "Black Friday" Ways to delist some items. In fact, almost every month, the list of "predecessors" will become […]

Nearly half of the financing target has shrunk, and the US encryption company Circle announced layoffs.

The star business OTC business is also surrounded by rivals. Following the announcement of layoffs, the digital currency payment company Circle once again reported a reduction in financing targets. It is reported that Circle was founded in 2013 and is headquartered in Dublin. It is a startup company specializing in mobile payment and cryptocurrency. It […]

The financing target fell to 150 million US dollars, and the market is adjusting the structure after the market recovers.

“Today we have organized the Circle and reduced about 30 positions, which is about 10% of our total staff. We made these changes in response to the new market environment and, most importantly, the increasingly strict regulation in the United States. surroundings." The news was released after the price of bitcoin rose sharply, giving people […]