I haven't used Circle myself, but it looks like they're going the way of banks. They seem to be OK with the regulation and somebody's got to do it.
Of course they are going the way of banks when the US government makes them go this way. This is the only way to get all of the licenses, BitLicense included and to comply with all of the KYC crap.
American Bitcoin companies and American bitcoiners don't have much of the choice in my opinion. I mean, if I got charged and fined like I killed someone for simple trading on localbitcoins, I would have complied with everything as well.
