Circle, SPAC Call Off Plan to Take USDC Issuer Public
The mutual termination comes after over a year and a half of deliberating around the terms of Circle’s potential multibillion-dollar listing.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Circle still tells users to buy Noble USDC on Coinbase after cutoff date passes
Coinbase’s announced Aug. 17 cutoff for USDC deposits and withdrawals on Noble had passed, but Circle’s public Noble guide was sti...
Metaplanet takes 96% of Super League in 2,100 BTC, cash deal to launch US bitcoin treasury firm
Metaplanet is taking its bitcoin treasury strategy to the U.S. with a controlling stake in Super League, which surged 80% on the n...
Citi unveils Custody+ with real-time asset servicing and plans for Bitcoin custody later this year
Citi's integration of digital assets into its core services could accelerate institutional crypto adoption, reshaping traditional...
What the Tether audit means for the crypto industry
In news that will shock anyone who’s been involved in the crypto industry for any significant amount of time, Tether announced las...
SEC opens door to day-one crypto insider sales that Senate draft would block
The SEC's new crypto fundraising proposal deliberately treats tokens as free to trade as soon as a buyer acquires them, unless the...
U.S. Treasury Unveils GENIUS Act Stablecoin Rules With 2027 Licensing Deadline Ahead
Key Takeaways: The Treasury proposed rules to implement the GENIUS Act for payment stablecoins. U.S. issuers will typically have t...