Brazil reiterates ban on crypto campaign donations
Brazil's Federal Public Ministry (MPF) reaffirmed that political parties and candidates cannot accept cryptocurrency donations for election campaigns ahead of the country's 2026 elections.
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Brazil's Federal Public Ministry (MPF) reaffirmed that political parties and candidates cannot accept cryptocurrency donations for election campaigns ahead of the country's 2026 elections.
A New York man was sentenced to 15 months in prison after admitting to a cryptocurrency fraud scheme that obtained more than US$1.4 million from investors.
Huang Yiping, a member of the monetary policy committee at the People's Bank of China, says he sees a potential rate cut this year. He joined Bloomberg's Minmin Low on the sidelines of the World Economic Forum in Dalian and appeared on Insight with Haslinda Amin.
Tuya Smart, an AI cloud and IoT platform provider, says growth remains strong despite slowing consumer appliance demand in China. Co-founder and COO, Alex Young, joined Bloomberg's Minmin Low on the sidelines of the World Economic Forum in Dalian and appeared on Insight with Haslinda Amin.
McKinsey Greater China Chairman, Joe Ngai, says China's "Opportunity 2.0" narrative is gaining prominence as innovation, consumption, and advanced manufacturing reshape its growth outlook. He joined Bloomberg's Minmin Low on the sidelines of the World Economic Forum in Dalian and appeared on Insight with Haslinda Amin.
Oobit launched support for Brazil's Pix payment network, enabling users to deposit Brazilian reais, hold Tether (CRYPTO:USDT) and make payments through the country's instant payment infrastructure.
BlackRock said Bitcoin (CRYPTO:BTC) may have a role as a portfolio diversifier, with the asset manager suggesting that allocations of around 1% to 2% could balance potential returns and risk.
DWF Labs said more than US$31 billion of real-world assets have been tokenised on blockchains, but less than 10%, or roughly US$3 billion, is actively being used within decentralised finance applications.
HSBC launched its tokenised deposit service in the United Arab Emirates, adding the UAE dirham to its blockchain-based Orion network and enabling around-the-clock corporate cash management.
A group of US Senate Democrats called on Senate Republican leaders to hold hearings into a reported US$500 million deal.
CATL says it is focusing on deploying sodium-ion batteries this year to meet demand for AI-related energy storage. CATL Chief Manufacturing Officer Ni Jun discusses the battery maker's outlook, as well as the prospect of harnessing computing power from idle electric vehicles. He speaks on the sidelines of the World Economic Forum in Dalian.
SpaceX sold $25 billion of investment-grade bonds on Tuesday, marking the final step to replace the costly debt that had helped finance Elon Musk's acquisition of X, then known as Twitter, as well as the expensive loans and bonds issued by xAI to bridge its rapid cash drain. Bloomberg's Manuel Baigorri reports.
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