Ripple's Proposal for Circle: $4 to $5 Billion Offer Rejected, Says Bloomberg
Ripple made an offer between $4 billion and $5 billion to acquire stablecoin issuer Circle, which was reportedly declined due to low valuation concerns.
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Ripple made an offer between $4 billion and $5 billion to acquire stablecoin issuer Circle, which was reportedly declined due to low valuation concerns.
Patrick McHenry, a former congressman instrumental in crypto legislation, anticipates significant regulatory activity in the summer as tensions rise between leading stablecoin operators.
Circle secures preliminary regulatory nod from Abu Dhabi’s Financial Services Authority to expand its operations in the Middle East.
Mastercard has unveiled new capabilities to facilitate stablecoin transactions, integrating its services with crypto exchange OKX to introduce the OKX Card, enhancing digital asset payments.
Circle announces the launch of a new payments and remittance network aimed at transforming the global money transfer landscape.
The recent rise in Circle's EURC stablecoin supply reflects growing interest in euro-denominated digital assets as concerns about the U.S. dollar grow.
Circle, a prominent stablecoin issuer, has filed for an IPO, aiming to boost market confidence amidst turbulent conditions and regulatory uncertainties.
Circle, the entity behind the USDC stablecoin, is set to launch an IPO on the NYSE, which could become a significant event in the cryptocurrency landscape.
Circle aims to trade publicly on the NYSE under the CRCL symbol, backed by significant reserve income.
The USDC stablecoin issuer, Circle, aims to launch its public offering following a prior attempt that did not succeed.
Baanx has partnered with Circle to unveil its new Rewards Wallet, designed to provide cryptocurrency holders with cashback and various perks.
The market for gold-backed tokens surged to a record $1.4 billion, with Tether's XAUT and Paxos' PAXG leading the way, as detailed in CoinDesk's report.
The remittance application, Abound, has successfully secured $14 million to enhance its services for the Indian community overseas.
The Intercontinental Exchange is set to investigate potential uses of Circle's USDC stablecoin and USYC tokenized money market fund in various financial operations.
Circle announces the regulatory approval of its USDC stablecoin in Japan, partnering with SBI Holdings for widespread adoption.
Circle intends to bring its newly acquired Hashnote Tokenized Money Market Fund under Bermuda's regulations to enhance its digital asset operations.
Circle has unveiled its new Cross-Chain Transfer Protocol V2, allowing near-instant USDC transfers, drastically cutting transaction times.
A recent report discusses the differing strategies of Tether's Giancarlo Devasini and Circle's Jeremy Allaire regarding stablecoin regulations.
Circle has gained regulatory approval to offer USDC, the global dollar stablecoin, in Japan and the UAE, marking significant advancements in cryptocurrency regulations.
Jeremy Allaire emphasizes the need for stablecoin issuers linked to the dollar to register in the U.S. to ensure compliance with regulations.
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