Crypto EcoBlog
Over the last few months, big organizations and government institutions have shown interest in the crypto space. China’s central bank – People’s Bank of China (PBoC) – has fast-tracked its work on introducing a central bank digital currency (CBDC) to the market. However, China’s attempts to launching a CBDC come as a measure to counter the potential competition by Facebook‘s Libra.Commenting on this, Circle CEO Jeremy Allaire said that China has the most progressive approach towards CBDC....
Read More »Crypto Trading Giant Circle Wants to Raise $250 Million in Funding – But Why?
One of the world’s leading cryptocurrency startups, Circle, is seeking to raise $250 million according to sources directly involved with the initiative. Circle is the operator of the Poloniex cryptocurrency exchange, currently ranked 74 in the world by volume on Coinmarketcap. The firm acquired Poloniex for $400 million and also runs an institutional trading branch called Circle Trade.$246 Million Previously RaisedCircle was valued at a formidable $3 billion at the time of its last funding...
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