Circle puts its research arm on pause

Circle, the Boston-based cryptocurrency firm, announced Tuesday that it is going to "pause" its research arm, Circle Research, according to The Block. The statement said that, despite "significant progress" of its content offerings, Circle has decided to evaluate its content contribution and strategy, adding:

"With that in mind, we’ve decided to pause Circle Research activity for the time being as we decide on a future direction for the program."
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