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Circle Expands to Bermuda to Offer New Services to Non-US Clients

Published 07/22/2019, 04:31 PM
Updated 07/22/2019, 04:41 PM
Circle Expands to Bermuda to Offer New Services to Non-US Clients

Major crypto payments firm Circle will launch a new subsidiary in Bermuda in order to serve non-American customers of its trading platform Poloniex.

In a blog post on July 22, Circle said that it has acquired a full license to offer crypto-related services under Bermuda’s Digital Assets Business Act of 2018, a major local regulatory framework for cryptocurrencies that was introduced in July 2018.

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