Circle makes Wall Street debut as first major stablecoin issuer on NYSECircle's alignment with global regulatory standards positions it as a trusted stablecoin partner for traditional firms.
Happy Thursday!Crypto news is buzzing as Circle, the company behind USDC, becomes the first big stablecoin issuer to list on the NYSE. Their IPO raised $1.1 billion, beating expectations thanks to strong investor interest. At the same time, WazirX is moving its headquarters to Panama after a Singapore court blocked its plans, raising questions about crypto rules around the world. Check out today’s top stories to keep up with the latest in crypto.
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Circle's alignment with global regulatory standards positions it as a trusted stablecoin partner for traditional firms. 📰 Top News
WazirX relocates to Panama after Singapore court blocks restructuring effortsWazirX opts for Panama headquarters as Singapore tightens crypto regulations, raising eyebrows among industry watchers. Circle set to exceed IPO expectations after overwhelming investor demandCircle's IPO was oversubscribed by more than 25x on the back of robust demand from institutional investors and major financial firms. JPMorgan to accept Bitcoin ETFs as loan collateral, consider digital holdings in evaluationsJP Morgan integrates Bitcoin ETFs and digital asset holdings into lending criteria amid growing institutional confidence.
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