Tagged: circ

Bernstein Updates Circle Target to $140 While Maintaining Overall Bullish Stance on Fading Open USD Risks

Bernstein has revised its price objective for Circle Internet Group (NYSE: CRCL) downward to $140 from the previous $190, according to a research note from analyst Gautam Chhugani. The firm retained its Outperform rating, contending that competitive pressures stemming from the Open USD consortium are… Read More

Uppsala Security Releases Virtual Asset Damage Response Center Report

The Crypto Incident Response Center (CIRC) of Uppsala Security, a South Korean blockchain virtual asset regulatory technology (RegTech) specialist, has recently released its 2022 CIRC Statistical Report. The report is “based on submissions received directly from victims of virtual asset crimes in South Korea, offering… Read More

China: WeiyangX Fintech Review

China Issues a Five-Year plan on Fintech Facing the challenges from the online finance industry, the People’s Bank of China (PBOC) and four other departments including the China Securities Regulatory Commission (CSRC), China Banking Regulatory Commission (CBRC), China Insurance Regulatory Commission (CIRC) and Standardization Administration… Read More

China is Cracking Down on Unscrupulous Financial Services

In a series of reports, ChinaNews is pointing to the increasing scrutiny of the Chinese government regarding financial fraud and over-all malpractice. In March there was the case of the “first and high profile” peer to peer lending fraud case where 41 people associated with Baiyin… Read More

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