Jeremy Allaire’s Circle the Latest to Distance Itself from Facebook’s Libra

Jeremy Allaire’s Circle issued a U.S. dollar-backed stablecoin before stablecoins were cool. Now that Facebook has joined the fray with its Libra coin, which is designed to be backed by a basket of fiat currencies (and maybe other financial instruments), the spotlight on stablecoins has grown brighter. But Allaire, who is testifying in front of …

Crypto Bull Market Rages, Poloniex Opens Fiat & Credit Card Purchases

The bull market is in the air as digital exchanges roll out new features in anticipation of the influx of new retail traders. Just recently, CEX.io expanded its operations to the U.S. to target dissatisfied Coinbase users. Whereas, Circle-owned Poloniex recently announced that its customers can supercharge their trading experience by allowing them to deposit …

Jeremy Allaire’s Circle Lays Off 10% of Staff amid Prickly US Regulation

By CCN: Bitcoin has been booming lately, but Circle, the parent company of crypto exchange Poloniex, announced yesterday afternoon that about 30 employees are leaving as part of “organizational changes.” Circle CEO Jeremy Allaire cited an increasingly burdensome regulatory environment in the United States as part of the impetus for the move. Today we made …

Humanity Can’t Survive Digital Age Without Crypto: Circle CEO Jeremy Allaire

Circle co-founder Jeremy Allaire said that the world needs cryptocurrency to survive the digital age. | Source: DLDconference/YouTube By CCN.com: Circle CEO Jeremy Allaire says humanity can’t survive the digital age without crypto because its decentralized nature and resiliency make it indispensable. Allaire made the remarks at the 2019 World Economic Forum in Davos, Switzerland. Allaire says …