Circle moves exchange operations offshore with new Bermuda office

Circle's Poloniex is moving off U.S. soil to Bermuda citing an increasingly hostile regulatory environment. With 70% of Poloniex's users being international, the exchange is planning on adding more assets and perhaps financial services. Circle laid off 30 staff in May citing similar market concerns.

Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.

Suggested Research Based on your Watchlists

Create a new watchlist