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The Hong Kong Monetary Authority and Shanghai authorities have agreed to study a blockchain-based cross-border platform linking cargo trade data, electronic bills of lading and financial applications under Project Ensemble.
Turkey’s ruling Justice and Development Party has proposed a 10% tax on cryptocurrency income and gains as part of draft amendments to the country’s tax laws.
Las Vegas-based Bitmine Immersion Technologies said it now holds 4,473,587 ether, representing 3.71% of the circulating supply, positioning itself as the world’s largest ethereum treasury company.
Ethereum co-founder Vitalik Buterin said native smart accounts could be introduced within a year through the network’s planned Hegota upgrade, marking a major step towards full account abstraction.
An American known as “Dark Bank” has been extradited to France over allegations he laundered hundreds of millions of euros in cryptocurrency tied to drug trafficking and cyberattacks between 2019 and 2023.
Bitcoin climbed to a two-week high near $70,000 on Monday as risk assets rebounded despite President Donald Trump confirming that US military operations in Iran remain ongoing.
Calls are intensifying for the UK government to ban political donations made in cryptocurrency, with Labour MP Rushanara Ali warning they expose British democracy to foreign interference.
Escalating conflict involving Iran is unlikely to significantly disrupt the global Bitcoin mining network, analysts and industry operators said, dismissing social media claims of a looming hashrate collapse and forced BTC sell-offs.
The Commodity Futures Trading Commission has appointed crypto defence lawyer David Miller to lead its shrinking enforcement division as the agency scales back actions under President Donald Trump.
US prosecutors are seeking the forfeiture of $327,829 in Tether’s USDT stablecoin tied to a 2024 crypto romance scam targeting a Massachusetts resident.
Retired US Army Brigadier General Mark Kimmitt, former Assistant Secretary of State for Political Military Affairs and former Assistant Deputy Defense Secretary for the Middle East, provides insight into the ongoing US approach toward Iran's nuclear program and regional threat. He joined Romaine Bostick and Katie Greifeld on "The Close."
Moses Ventures Founder Danny Moses, immortalized in The Big Short, joins Bloomberg Businessweek Daily to discuss the state of US markets as the Iran conflict introduces a new set of headwinds. Moses also weighs in on the state of private credit, saying that today's private credit worries "rhyme with previous cycles" of market pessimism, in particular the lead-up to the 2008 Great Financial Crisis. Moses adds that "it's in the back of people's minds... if private credit goes, the Fed's going to have no choice but to bail it out, and they're probably right." Moses also weighs in on the potential financial and labor market impacts of AI, the Fed's monetary policy path, betting markets, and more. Moses speaks with Bloomberg News Equities Reporter Alexandra Semenova alongside Carol Massar and Tim Stenovec.
