End of the Road: SPAC Deal to Take Circle Public Terminated, SEC Fails to Approve S-4 Registration

Circle, the issuer of dollar-based stablecoin USDC, has terminated the SPAC deal, which would take the company public, according to a release. The SPAC was initially expected to close this month (December). According to the statement, the two parties – Circle and Concord Acquisition Corp… Read More
Read more in: Blockchain & Digital Assets, Featured Headlines, Politics, Legal & Regulation | Tagged bob diamond, circle, concord acquisition corp, jeremy allaire, sec, spac