Circle is Seeking a Banking License in the US

Circle Internet Financial Ltd. is seeking a banking license in the US, reported Coindesk on June 6. Circle is currently offering various services, including a cryptocurrency wallet and investment platform, and an OTC crypto trading service. With this move, the Goldman Sachs-backed firm want a banking license in the US as well as registering with the Securities and Exchange … Continue reading Circle is Seeking a Banking License in the US

Circle Launches the Full Version of Its Cryptocurrency App

Circle launches the full version of its cryptocurrency app, reported Coindesk on May 22. The payment startup was launched in March 2018 and unveiled the full version of its cryptocurrency app on Tuesday, including all of its services. Circle announced it was adding monero and zcash to its crypto assets at the beginning of May. The … Continue reading Circle Launches the Full Version of Its Cryptocurrency App

Circle Raises $110 Million in Investment Round For a Token Backed By U.S. Dollar

Circle Internet Financial Ltd raises $110 million in an investment round led by Bitmain Technologies Ltd for a token backed by U.S. dollar, reported Bloomberg on May 15. The mobile payments and cryptocurrency trading agency expressed it has raised a total of $3 billion including a $480 million raised in 2016. Circle and Bitmain partnered to … Continue reading Circle Raises $110 Million in Investment Round For a Token Backed By U.S. Dollar

Circle adds Monero to its investment app

Circle Is Adding Monero to Its Trading App

Circle announced that it is adding Monero to its trading app, according to a blog post published on May 7. After adding Zcash to its investment app last week, Circle is adding Monero to its crypto asset. Like the other cryptocurrencies already on the app, it will be possible for users to invest directly in Monero … Continue reading Circle Is Adding Monero to Its Trading App