Blockchain startup Circle is negotiating the purchase of crypto currency exchange Poloniex

February 5, 2018

Blockchain startup Circle is negotiating the purchase of crypto currency exchange Poloniex

Blockchain startup Circle is negotiating the purchase of crypto currency exchange Poloniex

Cryptocurrency payment service Circle intends to buy the us crypto currency exchange Poloniex, but the official representatives of the Circle does not confirm this information.

Circle in talks to buy crypto currency exchange Poloniex, and have already applied to U.S. regulators for approval of the transaction, former chief-editor of the New York Observer Ken Carson in his blog, citing two sources, one of which he described as “high”.

“Regulators in response sent a list of requirements for user identification (KYC), and Circle agreed to meet these conditions”, — says the publication.

Representatives Poloniex and Circle neither confirmed nor denied this information. Member of the Board of Directors of Circle Raj deyt found it difficult to comment on the reported deal:

“I can’t comment on anything else right now. I’m in Europe. Thank you for contacting me”.

But information about the deal were quick to refute one of the top managers of cryptocurrency hedge funds BlockTower Capital Ari Paul, who tweeted that contacted their sources in the Circle and they said that the company buys Poloniex.

Circle is an American developer of the cryptocurrency and payment services, among them mobile application Circle Pay for beskonechnyh remittances and provider of liquidity to the cryptocurrency Circle Trade.

Poloniex is currently ranked 14th place in the ranking of the cryptocurrency exchanges on the volume of daily trading. Listing includes 68 Poloniex cryptocurrency.