Circle set to eliminate margin, remove three tokens from its exchange

advertisement

Circle is ending margin lending for U.S. customers on its Poloniex exchange by the end of the year. The move, it says, is part of the firm's "ongoing commitment to ensure that Poloniex complies with regulatory requirements in every jurisdiction." In addition to the sunset for margin, three tokens will no longer be listed beginning a week from today, October 10. Those cryptoassets, Synereo (AMP), Expanse (EXP), and Gnosis (GNO) will no longer be traded on Poloniex, but customers will have a month to take control of the assets. Circle, founded five years ago, is one the leading players in crypto finance. It acquired the Poloniex exchange in February of 2018. (Source: Circle)

Related Reading

Get Your Crypto
Daily Brief

Delivered daily, straight to your inbox.

Layer-1 Platforms: A Framework for Comparison

The Block Research was commissioned by Algorand to create Layer-1 Platforms: A Framework for comparison, which provides a “look under the hood” at seven platforms: Algorand, Avalanche, Binance Smart Chain, Cosmos, Ethereum/Ethereum 2.0, Polkadot, and Solana. We assess their technical design, related ecosystem data, and qualitative factors such as key ecosystem members to get an understanding of how they differ. Having done this analysis, we draw some insights for what the future of the broader smart contract landscape could look like for years to come. 
Read Full Story
Aug 11, 2021, 5:18PM UTC
More