Tanzania warns crypto could fund terrorism
The Bank of Tanzania has warned that cryptocurrencies could be used to finance terrorism and other illegal activities if they are not properly regulated.
The Bank of Tanzania has warned that cryptocurrencies could be used to finance terrorism and other illegal activities if they are not properly regulated.
CleanSpark has signed a 20-year lease valued at US$6.6 billion to provide infrastructure for artificial intelligence computing.
TSMC posted quarterly profit that beat estimates. The main chipmaker for Nvidia Corp. and Apple Inc. reported a rise in net income for the June quarter to NT$706.6 billion ($22 billion), surpassing the average estimate of NT$623.7 billion. The steady growth highlights the company's central role in producing the vast majority of the world's most advanced chips for data centers and smartphones. Bloomberg's Stephen Engle reports.
Emirates NBD has launched a blockchain-based platform that enables real-time US dollar cross-border payments.
The team behind Official Trump (CRYPTO:TRUMP) has announced new plans to expand the meme coin's ecosystem.
Ukraine has expanded its sanctions against Russia by adding cryptocurrencies and other virtual assets to its restrictions.
Zcash (CRYPTO:ZEC) rose about 11% after a sharp rally triggered more than US$12 million in short liquidations.
South Korea plans to amend a 76-year-old law to classify cryptocurrencies as national assets, marking another step in the country's evolving approach to digital assets.
Bitcoin (CRYPTO:BTC) rose to nearly US$65,000 after inflation data lifted market sentiment, but two groups of investors took advantage of the rally to sell into the strength.
Large Bitcoin (CRYPTO:BTC) holders are continuing to hold their coins despite ongoing concerns that future advances in quantum computing could threaten blockchain security.
Chainlink (CRYPTO:LINK) has continued its recent rally, but analysts are divided over whether the token can hold its gains or retreat towards the US$10 level.
Fatih Birol, Executive Director of the International Energy Agency, says markets are nervous and "grappling with big uncertainty" as escalating attacks threaten shipments of oil, fertilizer, natural gas, and other cargoes through the Strait of Hormuz. He warns global economies will suffer, with developing nations and Asia most exposed. He speaks with David Gura on the sidelines of the Aspen Security Forum on Bloomberg: The Asia Trade.