TAO/USD

Beijing condemned fresh US tariffs imposed on China and 59 other countries over alleged forced labour concerns on Friday (Jul 24), and warned Washington against waging a trade war. The US levies range from 10 to 12.5 per cent, with China slapped with the highest rate. "We oppose all forms of unilateral tariff measures," Chinese foreign ministry spokesperson ...

Samsung Electronics announced plans to add native stablecoin support to Samsung Wallet during its Galaxy Unpacked 2026 event on July 22. The move would place dollar-pegged digital currencies directly into an app already installed on millions of Galaxy smartphones, positioning Samsung Wallet as one of the largest consumer on-ramps for crypto payments. ...

EU, commenting on Trump tariffs: It notes positively that this outcome is in line with US tariff commitments agreed under the EU-US joint statement

This week regulators were busy defining where crypto trading can happen, which intermediaries can provide access, how assets get cleared, and when offshore platforms fall outside the permitted perimeter. Brokers and exchanges are getting clearer routes into supervised crypto markets, while activity outside licensed channels is getting harder to sustain. ...

The Trump administration on Friday will impose new tariffs of 10% and 12.5% on goods from 60 trading partners, including the European Union, over allegations of lax enforcement of forced labor bans, just as a temporary 10% global tariff expires. The move is the White House's latest effort to restore President Donald Trump's campaign vision of a near-global ...

MoonPay has expanded its payment options by adding Discover Network, allowing U.S. users to buy and sell crypto through another major payment network. Discover joins Visa and Mastercard as the third major U.S. card network supported by MoonPay. The company also supports Apple Pay, Google Pay, PayPal, Venmo, bank transfers and regional payment rails. ...

Please let this statement serve to represent, until further notice, that from this point forth, any and all damages done to Ships, Cargo, or anything related thereto, will be paid for by Iranian Money that the United States has in its possession, and controls. These damages may be very substantial but, nevertheless, this is the fair and equitable thing to do. Thank you for your attention to this matter! President DONALD J. TRUMP

Senior US Official Briefs: US Sets 10%-12.5% Tariff For Many Nations That Don't Ban Forced Labor, Citing Forced Labor; Tariffs Begin As Prior 10% Global Duty Expires; Exempts Oil, Gas, Fertilizer, Food Stuffs U.s. Official Says It Is Not The Case That These Measures Simply Replicate The Ieepa Tariffs Struck Down By The Supreme Court, And That The President Will Use The Tools At His Disposal, Including Tariffs, To Achieve The Outcomes He Wants. U.s. Official Says Oil And Gas, Fertilizer And Certain Foodstuffs Will Be Exempted, Along With Goods Subject To Section 232 National Security Tariffs And Usmca-compliant Goods, Given The Integrated Nature Of North American Supply Chains And High U.s. Content Levels. U.s. Official Says The New Section 301 Tariffs Take Effect At 12:01 A.m. (0401 Gmt) July 24, With An Effective Date For Goods In Transit Of 12:01 A.m. (0401 Gmt) July 28, As Section 122 Tariffs Expire On July 24.

United States President Donald Trump underlined on Thursday that he wants to see the country be the "number one superpower" in artificial intelligence (AI), as well as lead in cryptocurrencies. "America's goal must be to dominate the future ... [the AI] is bigger than the Internet. It's bigger than anything anyone has ever seen thus far," he said while ...

A sweeping cryptocurrency bill is approaching a final vote in the Senate this summer, with support from Republicans and some Democrats — and backed by an industry that has spent tens of millions of dollars to shape it. But lately a major sticking point has emerged: the $1.4 billion in crypto revenue that President Trump disclosed in June, after a year of ...