Asian financial hubs are updating their stablecoin rules and companies like JD.com and Ant Group plan to become issuers, after the US embraces USD stablecoins
Bloomberg :
Jensen Huang says China's military is unlikely to use Nvidia's AI chips, citing the risk of the chips being “limited at any time” due to US export restrictions
Addressing the largest concern Washington has cited in placing increasing restrictions on US technology exports to the Asian nation …
The US House opens a probe into whether Nvidia knowingly provided AI tech to DeepSeek in violation of US rules and asks Nvidia for details on its Asian clients
Demand Answers from Nvidia Over Chip Use Kif Leswing / CNBC : Nvidia says it follows export laws ‘to the letter’ a day after AI chip sales to China stopped Annika Masrani / TipRanks Financial : DeepSe...
Sources and a document: Amazon canceled orders for multiple products made in China and other Asian countries after Trump's April 2 global tariffs announcement
The orders for beach chairs, scooters, air conditioners and other merchandise from multiple Amazon vendors were halted …
How TSMC and Taiwan are rushing to avoid Trump's tariffs, as TSMC's board meets in Arizona for the first time; Trump has said TSMC “stole” the US' chip business
US president's complaints threaten top chipmaker's business model and east Asian country's security
Some crypto executives fear investor backlash over $TRUMP and $MELANIA memecoins; CoinMarketCap reports most $TRUMP trading is concentrated on Asian exchanges
Industry trying to rebuild its reputation frets over potential conflicts of interest and investor losses
Sources: the EU plans to crack down on Asian online retailers like Temu and Shein that largely evade custom checks, possibly by taxing their e-commerce revenue
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checks
Yang Hyang-ja, a South Korean lawmaker and former Samsung executive, says US-led China chip curbs risk damaging South Korea's relations with its Asian allies
Financial Times :
A look at efforts in Asian jurisdictions like Hong Kong and Japan to clarify crypto rules, in contrast to the US, which remains mired in regulatory disarray
Suvashree Ghosh / Bloomberg :