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British lender Barclays said on Wednesday it has bought a stake in U.S.-based stablecoin settlement company Ubyx, marking its first investment in the stablecoin sector as it explores what it called “new forms of digital money.” Founded in 2025, Ubyx operates a clearing and settlement system for stablecoins — cryptocurrencies pegged one-to-one to traditional currencies […]
Chinese authorities are reviewing Meta Platforms’s acquisition of artificial intelligence startup Manus for potential violations of China’s technology export control rules, the Financial Times reported on Tuesday, citing people familiar with the matter. According to the report, officials from China’s commerce ministry are assessing whether the relocation of Manus’ staff and technology to Singapore, followed […]
Japan on Wednesday condemned China’s ban on dual-use exports to its military as “absolutely unacceptable,” warning that the move could be followed by broader restrictions on rare earth exports, escalating tensions between Asia’s two largest economies. Dual-use items include goods, software, and technologies with both civilian and military applications, such as critical minerals used in […]