UK MPs push ban on crypto donations
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.
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.
BNY Chief Product and Innovation Officer Carolyn Weinberg sat down with Romaine Bostick to discuss blockchain, client demands, and the growth of digital assets.
BNY Chief Commercial Officer Cathinka Wahlstrom sits down with Romaine Bostick to discuss "AI everywhere," blockchain technology, tokenization, and client interest in digital assets.
Senior Fellow at the Council on Foreign Relations Linda Robinson says the costs of the Iran conflict are becoming clearer, and that promising the Iranian people freedom without committing ground troops would be "hard to achieve."
The US sent conflicting messages about how long a war with Iran might last as Israel launched new airstrikes, with the widening conflict reverberating across the Middle East and upending energy markets. Bloomberg's John Harney explains.
In just over 48 hours since the US and Israel began striking Iran, the conflict has widened fast. Countries that say they aren't part of it are already being pulled in as their bases, infrastructure and citizens are exposed to retaliation. At some point, America's allies will have to choose. How much US activity do they host? How far do they stretch "defensive" support? What do they do when their own territory is struck? The longer the fighting drags on, the harder it becomes to stay on the sidelines. The United Arab Emirates and Qatar have already begun lobbying allies to help them persuade President Donald Trump to keep military operations against Iran short, according to people familiar with the matter. CSIS Middle East Program Director and Senior Adviser Mona Yacoubian joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.
When Block laid off nearly half its staff last week, co-founder Jack Dorsey offered a seemingly simple explanation: artificial intelligence was allowing the company to do more with fewer employees. The announcement, though, landed at the center of a complex debate over AI and the future of work: on one side, genuine fear that the technology will displace jobs at an unprecedented pace; on the other, deep cynicism that companies are exploiting that fear to dress up old-fashioned cost-cutting as technological futurism. Marcelo P. Lima, Founder and Managing Partner at Heller House, joins Bloomberg Businessweek Daily to discuss. Lima has been a vocal critic of Dorsey's management style at Block, and posted soon after the layoff announcement that the reduction in force "is the new Citrini fake narrative." Lima speaks with Carol Massar and Tim Stenovec.
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