Two groups have identified a stable circular RNA that acts as a molecular sponge for microRNAs. The RNA is highly expressed in the human and mouse brain and contains ~70 sites for miR-7 binding, thus sequestering the miRNA away from its targets. The circular RNA was also shown to bind Argonaute proteins, which are a part of the RNA-induced silencing complex. The binding of miR-7 prevents translation of the circular RNA, suggesting that its sole function is the titration of small regulatory RNAs. Bioinformatic analysis revealed numerous other circular RNAs, suggesting this could be a widespread mechanism of gene regulation.