Circle Co-Founder Sean Neville Steps Down as Co-CEO
Sean Neville, co-founder of Circle, is stepping down as co-CEO six years after founding the crypto trading and payments startup with Jeremy Allaire.
The new KYC requirements come a week after Poloniex completed its U.S. exit.
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When world leaders gather in Davos next week, they'll confront an essential question, says Circle's Jeremy Allaire: Can they seize blockchain's ability to create value for people around the world?
Circle will focus on its stablecoin business next year, following the sale of its OTC desk to Kraken and the departure of its chief financial and legal officers.
Circle laid off about 10 employees in its latest effort to cut costs. The move follows a round of 30 layoffs in May.