In a significant development, the Trump Administration announced that it will further tighten the screws on Huawei Technologies Co, and crack down on its access to commercially available semiconductors. The development underscores the U.S. Commerce Department’s intent to expand restrictions that were announced in May 2020 which were aimed at preventing the Chinese company from…
The report by NY Attorney General’s office is based on a study of several online platforms where virtual currencies, including bitcoins, are regularly traded. According to a report published by the New York Attorney General’s office, cryptocurrency exchanges are typically plagued by poor market surveillance, lack sufficient customer protections, and have pervasive conflicts of interest.…
The Chinese state had a hidden role in the acquisition of Lattice Semiconductor Corp whose chips have military applications. In a clear signal from Washington to Beijing, U.S. President Donald Trump has blocked a Chinese-backed private equity firm’s acquisition bid for a U.S. chipmaker, thus telling Beijing in very lucid terms that the United States…
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