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Circle

How Coinbase Quietly Became the World’s Biggest Bitcoin Bank

<header class=”article__header”> </header> <strong>On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with more than $7 billion under custody.</strong> Also Read: Hong Kong Protest …

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Barclays Is No Longer Banking Coinbase

The most prestigious banking relationship in crypto has ended. Barclays, the London-based global bank, is no longer working with cryptocurrency exchange Coinbase, industry sources told CoinDesk. And while Coinbase found a replacement in U.K. upstart Clearbank, according to people familiar with the situation, the change has indirectly inconvenienced the exchange’s users. That’s because, aside from …

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Circle’s Head of Trading Is Leaving the Crypto Startup

Dan Matuszewski has announced internally at Circle that he is moving on from the company, CoinDesk has learned. He’s being replaced by Nick Gustafson, a Kraken and UBS alum. “Circle Trade was born mostly out of accident. Initially tasked with providing liquidity for our retail bitcoin payments app, our presence in the market grew to …

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Circle CEO to Testify Before Senate on Blockchain and Digital Assets

Circle co-founder and CEO Jeremy Allaire is scheduled to testify before congress tomorrow as a representative of The Blockchain Association — a business organization comprised of blockchain industry advocates.  Allaire will testify before the Senate Committee on Banking, Housing and Urban Affairs in an open session hearing called “Examining Regulatory Frameworks for Digital Currencies and …

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Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class

Crypto will take center stage on Capitol Hill for the second time in as many weeks when the U.S. Senate Banking Committee convenes Tuesday to discuss current and potential regulations. Jeremy Allaire, CEO of Circle, will testify as a representative of the Blockchain Association trade group. He will be joined by University of California at …

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Can Disney’s Circle really deliver a porn-free Internet?

Enlarge / Can the Mouse keep your house safe from the sketchy parts of the Internet? Aurich Lawson / Getty Filtering out the bits of human knowledge you don’t like and leaving all the bits you do is a deceptively difficult task; it’s one of the classic “I may not know art, but I know …

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PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market

<header class=”article__header”> </header> <small><i>This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.</i></small> Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received …

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Liquid Exchange Launches BCH/USDC Trading Pairs

<header class=”article__header”> </header> <strong>The global cryptocurrency trading platform <a href=”https://www.liquid.com/”>Liquid</a> has announced the release of its new <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>/USDC trading pairs allowing anyone to swap bitcoin cash for the popular stablecoin USDC. Moreover, Liquid users will soon be able to connect their accounts to Bitcoin.com’s new <a href=”https://www.bitcoin.com/merchant-solutions/brick-mortar/”>Bitcoin Cash Register</a> app …

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Circle CEO: ‘Non-Sovereign’ Bitcoin and Cryptos Will See Continued Growth

Jeremy Allaire, co-founder and CEO of payments company Circle, believes non-sovereign cryptocurrencies such as bitcoin (BTC) will continue to see growth despite the proliferation of new forms of digital assets such as Facebook’s Libra and stablecoins.  During an interview on CNBC’s Squawk Box on June 24, Allaire argued that the cryptocurrency landscape will not evolve …

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Royal Bank of Scotland Onboards Former Circle Exec to Head Fintech Project

The Roybal Bank of Scotland (RBS) has hired a former executive from cryptocurrency finance firm Circle, according to a report by the Financial Times on June 18. Marieke Flament, who formerly worked as the European managing director of Circle, will reportedly join RBS as CEO of Mettle, its digital service for small and medium-sized enterprises …

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