BitDegree
2024-05-15 10:57:47

Circle Moves From Ireland to US, Eyes IPO

Key Takeaways Circle Internet Financial, the issuer of USDC, plans to move its legal headquarters from Ireland to the United States, potentially to strengthen its market position ahead of an IPO; The move will require Circle to navigate SEC regulations; The decision may have been influenced by OECD tax reforms, which reduced the benefits of Ireland's lower corporate taxes.

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