Circle’s Previous Attempt To Go Public Was Dogged by SEC Concerns That USDC Could Be a Security: Report

USDC issuer Circle has outlined plans for a proposed initial public offering (IPO), but a new report indicates the stablecoin company’s previous attempt to go public was dogged by regulatory questions from the U.S. Securities and Exchange Commission (SEC). Back in July 2021, Circle initially announced plans to go public via a merger with Concord The post Circle’s Previous Attempt To Go Public Was Dogged by SEC Concerns That USDC Could Be a Security: Report appeared first on The Daily Hodl .

Source: The Daily Hodl