Circle has reversed its previous policy that restricted the use of its USDC stablecoin for gun-related transactions. This policy change has garnered praise from several U.S. senators and gun rights advocates, who view it as a positive step towards financial inclusivity for lawful gun businesses. The decision marks a significant shift in Circle's approach to regulatory compliance and industry standards. In related news, Ripple CEO Brad Garlinghouse joined CryptoAmerica to discuss the company's strategic direction following its legal victory against the SEC. Garlinghouse highlighted Ripple's plans to expand its services and strengthen its position in the global financial ecosystem, emphasizing the importance of regulatory clarity for the crypto industry.
Circle Reverses USDC Policy on Gun Sales, Gains Support from Senators
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