Browsing: Circle

The push to bring crypto companies deeper into the US federal banking system is facing new backlash. ByJordan Lyanchev

Anyone looking for a crypto update this week should start with what is happening in Europe. Circle and Hyperliquid filed demands on October 1 to change key parts of the EU’s MiCA rules. Both firms want new terms for stablecoin reserves and crypto trading.

Circle has urged the European Commission to remove fixed bank deposit requirements for stablecoin reserves as the EU reviews its Markets in Crypto Assets regulation. Circle urged the European Commission to reconsider MiCA rules requiring stablecoin issuers to hold at least 30% of reserves in commercial bank deposits, rising to 60% for significant issuers. The…

Circle’s Arc ecosystem is adding identity infrastructure from Socure as financial applications begin building fiat-to-stablecoin onboarding directly into the network.

The xrp news this week feels different because the money behind it is different. Grayscale gave XRP a 26.11% weight in its new advisor portfolio on September 14, per BeInCrypto. That same day, the U.S. Senate moved toward a cloture vote on the CLARITY Act, per CoinGabbar.

Circle has added upfront fee payments to CCTP Fast Transfer, allowing developers to quote and collect cross-chain USDC fees on the CCTP developers can collect Fast Transfer and Forwarding Service fees before a USDC transfer. Fees can be paid in USDC or theupported protocol fees into one signed, time-limited quote