23-05-2019 12:32 via feeds.bizjournals.com

Boston's Circle Financial cuts 30 jobs

Just over a year after Circle Financial Internet Ltd. indicated plans to hire 250 employees worldwide,CEO and founder Jeremy Allaire said yesterday that the fintech startup has eliminated 30 jobs.Allaire blamed “an increasingly restrictive regulatory climate in the United States” for the cuts, in a tweet yesterday.The Boston-based company has employees in New York, San Francisco, Dublin, London, Beijing, Hong Kong and other cities.Last year, Circle bought the cryptocurrency exchange&
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