Circle Shifts Exchange Operations to New Bermuda Office

As the U.S. lawmakers and the Treasury Secretary consider implementing stringent regulations against cryptocurrency, Circle has packed its bags and moved offshore to Bermuda. Circle Moves to Evade Oppressive Regulation As regulatory pressure continues to stack up against cryptocurrency companies, Circle has announced that it is moving nearly 100% of its exchange operations offshore. Circle made the announcement earlier today after receiving a Digital Assets Business Act license to conduct business in Bermuda. According toRead MoreThe post Circle Shifts Exchange Operations to New Bermuda Office appeared first on Bitcoinist.com.