Circle replaces its accounting firm Deloitte to audit its reserve certificates

ChainCatcher news, according to Blockworks, Circle has announced that it will collaborate with the accounting firm Deloitte to audit its proof of reserves. Circle has worked with Grant Thornton for auditing over the years, but due to the cautious stance of several accounting firms regarding audits of crypto companies, Circle has made a shift. Circle CEO Jeremy Allaire stated that Circle is prepared for regulatory matters and will closely monitor the regulatory guidance on stablecoins being formulated by the U.S. Congress. (source link)