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Economics, Policy & Regulation

China Tells Intel ‘No’

President Joe Biden’s recent decision to ban US companies from making new investments in Chinese technology prompted the Chinese government to respond in kind by blocking Intel's acquisition of Tower Semiconductor.

Technology

Paypal Mints Stablecoin

Unlike other forms of cryptocurrency, stablecoins are typically backed by an asset or a basket of assets like gold or a traditional fiat currencies like the U.S. dollar or Euro.

News

Blackrock Bets On Bitcoin ETF

Until now, the SEC has only approved bitcoin-futures-based ETFs even though industry insiders contend they are riskier than bitcoin ETFs.
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