Business requirements for Circle Mint application


 

As part of the Circle Mint application process, each business must provide Circle with accurate information about the legal entity, its operations, beneficial owners, and the intended use of the account.

Depending on your industry, Circle will require slightly different levels of input based on the nature of their business. An example of industry-specific questions included on the Circle Mint application is provided below.

However, all business entities can expect to supply Circle with information that includes but is not limited to the following:

Pre-qualification

☐ Registered business name

☐ Country of incorporation or formation

☐ Legal entity type

☐ Expected monthly minting volume

☐ Active platform users

Business details

☐ Registered business name

☐ Identification number

☐ Date of incorporation or formation

☐ Country of incorporation or formation

☐ Legal entity type

☐ Business type

☐ Business telephone number

☐ Physical proof of business details

☐ Physical proof of registered business address

Business information such as but not limited to

☐ Business website

☐ Business model

☐ Description of products services

☐ Customer base description

Examples of industry-specific application fields

The Circle Mint application questionnaire will vary slightly based on industry. While many initial questions overlap, the information required is tailored to the nature of your business. The sample questions below are just some of the questions you may encounter.

 Cryptocurrency ExchangesTrustsPersonal Investment Company
Which Circle products do you intend to use?xxx
Describe the products or services you offer.x  
Do you have a business website?x  
Please provide information about all parties related to the trust. x 
What is your expected monthly fiat activity?xxx