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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Green SM changes its brand from Xanh SM to Green SM. The Green Smart Mobility and Intelligent Transport Joint Stock Company (GSM) announced the brand change from Xanh SM to Green SM. The change aims to unify brand identity across the entire system and marks the company's three-year operation. In…
Jeremy Allaire defended Circle’s refusal to freeze USDC tied to the $280 million Drift exploit, arguing that stablecoin issuers cannot make unilateral decisions to immobilize assets in practice. The Circle chief executive said freezing authority is a legal function rather than a discretionary security response, and warned that allowing a private company to act on its own judgment creates a “moral quandary.”
Allaire’s central argument is that Circle does not get to improvise around the law. He said the company does not decide “what is the right path or not,” and cautioned that letting a private issuer make unilateral asset-seizure decisions would be “very risky.”
In his framing, the controversy should not be treated primarily as a question of technical capability. Instead, it is about legal legitimacy—particularly when critics focus on Circle’s ability to intervene.
Circle’s position narrows the scope of what it is willing to do, even as parts of the market want faster and broader action. The company is effectively arguing that compliance authority cannot be used as an ad hoc crisis button simply because public anger rises.
The episode highlights a recurring conflict inside regulated stablecoins: users often want censorship resistance, but may also demand immediate intervention when stolen funds are moving. Issuers, meanwhile, must navigate the boundary between legal duty, technical power, and public expectations.
For Circle, Allaire’s message is that freezing USDC may be possible, but without formal legal action it does not automatically become the right or lawful move.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
