Circle CEO To Testify Before US Senate
On Tuesday [July 30] Circle CEO Jeremy Allaire will be the lone crypto-industry representative testifying before the United States Senate Committee on Banking, Housing and Urban Affairs during a hearing titled, “Examining Regulatory Frameworks for Digital Currencies and Blockchain.”
The company noted that “Circle has long advocated for changes to US policy. Despite the uncertain regulatory outlook, Circle will continue its advocacy efforts so the US economy is not left behind by opportunities created from digital asset and crypto innovation.”
Circle recently announced plans to launch a new subsidiary in Bermuda, and a statement from Circle said they are “excited to be opening a new office in Bermuda” and “plan to grow our Bermuda staff to more than 30 people during the next two years.”
The press conference with Circle and Premier David Burt held last week
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