Today news hit that Poloniex is going out from Circle and stopping services for USA customers.
It seems Circle actually had to do that because it was now impossible to link CirclePay with exchanges - Poloniex lost its financial registerations and licenses.
Circle lost money onm this, bought exchange overpriced and then lost loads of clients, licenses and now had to sell it.
Who is the buyer? 100M Fund from Asia run by Justin Tron. The news are unofficial but seems big enough media places use the title and seem sure of it. Justin didnt say anything on the case for now.
For example CNBC`s Crypto Trader
If that is true we could expect TRX to get there as one of the top paired currency.
I wonder if they will go back to no KYC needed model like Binance and others have
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