Xapo Bank Becomes The First Fully Licensed Bank To Enable USDC Deposits and Withdrawals
Xapo Bank, a leading Bitcoin custodian and licensed private bank, has collaborated with Circle, a global financial technology company helping money move at internet speed, to become the first licensed bank in the world to integrate USDC payment rails as an alternative to SWIFT. USDC is a digital dollar, also known as a stablecoin, that […]
Circle Internet Financial: Euro Coin (EUROC) is coming on June 30th
Circle Internet Financial, a global internet finance firm and issuer of USD Coin (USDC), today announced that it is preparing to issue a fully-reserved, euro-pegged stablecoin from the United States called Euro Coin (EUROC). Available June 30, Euro Coin is a regulated, euro-backed stablecoin issued under the same full-reserve model and built on the same […]
Goldman Sachs Startup Circle CEO: Global Rules on Cryptocurrencies Needed
Major economies should launch coordinated regulation of cryptocurrencies, the head of Goldman Sachs-backed startup Circle said on Monday, underscoring growing industry support for international rules on digital money. “Ultimately there needs to be normalization at the G20 level of critical crypto-related regulatory matters,” Jeremy Allaire, CEO of Boston-based Circle, told Reuters in an interview in […]