Circle’s OTC Crypto Trading Desk Saw $24 Billion in Volume in 2018

Crypto heavyweight Circle stated in a blog post that their OTC (Over-the-counter) business has facilitated over $24 Billion worth of trades. This is a huge number given that OTC trading volumes are not reported publicly and there have been growing discussions about institutional investor activity over crypto OTC desks. Circle Trade has become a core liquidity The post Circle’s OTC Crypto Trading Desk Saw $24 Billion in Volume in 2018 appeared first on CCN

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AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’

The American Association of Retired Persons (AARP) has ascribed a bizarre definition to bitcoin in a caustically worded article on its website published on Wednesday, Oct. 10. In the slideshow post titled “Improve Your Financial Literacy With This Glossary,” a heavy dose of contempt is specifically reserved for the description of bitcoin and blockchain in The post AARP Tells Retirees that Bitcoin is Mainly Used by ‘Bunch of Criminals’ appeared first on CCN

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Bitcoin Industry Launches D.C. Lobbying Group to Promote Crypto

Over the last few weeks, there has been a decline in the price of bitcoin compared to the previous year’s meteoric heights. This has not stopped industry officials from launching a charm offensive targeting federal lawmakers and regulators, per a Washington Post report. Several high-profile cryptocurrency companies and tech veterans in the nation are forming an The post Bitcoin Industry Launches D.C. Lobbying Group to Promote Crypto appeared first on CCN

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Goldman Sachs-backed Crypto Giant Circle Seeks a US Banking License

Cryptocurrency unicorn Circle is in talks with US regulators about pursuing a federal banking license and registering as a securities exchange. Circle CEO Jeremy Allaire revealed the firm’s plans during a recent interview with Bloomberg, explaining that it hopes to become the first cryptocurrency startup to receive such licensure at the federal level. “To hold The post Goldman Sachs-backed Crypto Giant Circle Seeks a US Banking License appeared first on CCN

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