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Circle Gains Abu Dhabi Approval, Boosts USDC's Global Reach Circle, the issuer of the USD Coin (USDC) stablecoin, has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), marking a significant step in its Middle East expansion strategy. This regulatory milestone positions Circle to obtain a full Financial Services Permission (FSP) license, which would authorize the company to operate as a regulated money services provider in the Unit... Coinatory crypto news

Circle Leads Stablecoin Compliance with Canadian Crypto Rules As the first issuer to adhere to Canada's recently enacted crypto asset regulations, Circle has cemented its position as a regulatory leader in the stablecoin sector. Circle declared on December 4 that its regulated subsidiary had complied with the value-referenced crypto asset (VRCA) framework's compliance standards as established by the Canadian Securities Administrators (CSA) and the Ontario Securities Commission (OSC). This historic accom... Coinatory cryptocurrencies news

Circle to Relocate HQ to New York as IPO Plans Accelerate Stablecoin issuer Circle is reportedly preparing to move its global headquarters to New York City, marking a significant step toward its highly anticipated initial public offering (IPO). The company, known for managing the USD Coin (USDC), will officially announce the relocation to One World Trade Center on September 13. The move signifies Circle's shift from its previous base in Ireland and its Boston operations, further anchoring its presence ... cryptocurrency news

According to BitPay CEO, Stephen Pair, the mass distribution of payments using decentralized technologies will begin in 3-5 years.Speaking on CNBC, he said that Bitcoin payments will definitely become part of our life, but only some time must pass. Commenting on the situation around the fall of Bitcoin from historic highs, Stephen Pair noted that the main coin began to fall in price due to speculation from major traders. He stressed: I am sure that the introduction of blockchain technolog is inevitable. It is the side of the cryptosphere that determines the true value of the largest cryptocurrency. BitPay CEO is confident that Bitcoin will grow in the future, as new players will enter the market, which will stimulate the ... Read more about " BitPay CEO told when mass adoption of blockchain payments will begin " on coinatory.com

The Stasis cryptographic platform, created by the Russians Grigory Klumov and Anatoly Knyazev, issued "crypto euro" EURS for 12.2 million euros. Cryptocurrency is backed with an equivalent amount in euros, it greatly simplifies the acquisition of any crypto assets in Malta. https://youtu.be/HEwDIpjYtYI Why CryptoEuro CryptoEuro on 12.2 million euros was issued by STSS Malta Limited, the legal entity of the Stasis platform. STSS Malta Limited was registered in May 2018 in Malta. Crypto euro belongs to the category of so-called stablecoins ... Read more about " Stasis have issued "crypto euro" EURS " on coinatory.com

The cost of digital money will grow after the market becomes clear about the issue of regulation, the company"s director for legal and financial affairs opinion. Reducing the volatility of the cryptocurrency market and the volume of trades is due to the fact that users are waiting for a clear position of the government regarding this industry, Claire Wells, director of legal and financial issues of Circle, says Express. She added that the cost of the first cryptocurrency in the coming months will start to grow again and this is ... Read more about " Claire Wells, Circle: bitcoin will rise again in the upcoming months " on coinatory.com