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Top US securities regulator quashed Circle’s efforts to list through Spac

Crypto coins
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The Financial Times

2 min read
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Banking veteran Bob Diamond sought to bring stablecoin operator to US stock market using blank-cheque company.

25 January, 2023 by Laura Noonan and Scott Chipolina in London

Stablecoin operator Circle has blamed the US securities regulator for the failure of its $9bn plans to go public through a blank-cheque company.

The group, which jettisoned listing plans in December, told the Financial Times that the deal was derailed not

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