Company
Date Published
Author
Team Circle
Word count
431
Language
English
Hacker News points
None

Summary

Circle Internet Financial has announced enhancements to its Web3 Services, including support for the Arbitrum One blockchain and the introduction of a Compliance Engine for Programmable Wallets. With the integration of Arbitrum, Circle's products such as Programmable Wallets, Gas Station, and Smart Contract Platform can now leverage this Layer 2 solution on Ethereum, which supports up to 40,000 transactions per second, offering builders scalable and cost-effective transaction processing for various applications. The Compliance Engine aims to aid businesses in adhering to digital asset regulations by providing automated compliance checks and real-time transaction screening without relying on third-party vendors. Circle Technology Services emphasizes that it is a software provider, not offering regulated financial or advisory services, and encourages users to comply with relevant laws independently.