US moves to block advanced AI chip sales to Chinese entities

The ceasefire extension could stabilize regional tensions, fostering diplomatic dialogue and impacting global oil markets through the Strait's reopening. The post Iran, US negotiate 60-day ceasefire extension, Strait of Hormuz reopening appeared first on Crypto Briefing.

The post U.S. AI Chip Export Clampdown Likely to Pressure Nvidia and AMD Shares at Open appeared on BitcoinEthereumNews.com. Nvidia (NVDA) and AMD shares are set to face renewed pressure when US markets open Monday. Weekend guidance from the Bureau of Industry and Security (BIS) extends license rules to advanced AI chips sold to Chinese-owned firms abroad. The Trump administration left a year-long enforcement gap after rescinding the Biden-era AI Diffusion Rule last May. Industry sources say hundreds of thousands of advanced chips slipped through to Chinese-linked buyers abroad. Nvidia (NVDA) and Advanced Micro Devices Inc (AMD) Stock Performance. Source: TradingView Why Monday’s Open Could Get Bumpy Earlier draft rules requiring approval for global AI chip exports sent Nvidia down 1.8% and AMD down 2.2% in prior sessions. A similar but more contained reaction looks possible Monday. The new guidance is enforcement clarification, not a sweeping ban. Existing licensed sales of lower-tier

The post Crypto Market This Week: US Jobs Data, Global Inflation, CLARITY Act In Focus appeared on BitcoinEthereumNews.com. This week, the crypto market awaits a slew of U.S. economic data, a Fed statement and inflation reports from key economies. Data may affect market expectations regarding interest rates, liquidity, and risk appetite in the crypto space. U.S. Jobs Data Expectations The emphasis will be on the U.S. labour market. The U.S. unemployment data report is being awaited by market participants. They anticipate a slight decline in job growth from the prior months and that the unemployment rate will not drop much from 4.3%. In addition, crypto market participants will look for signs of labor market strength in job openings on JOLTS, ADP private payrolls, Challenger job cuts. Also, the weekly initial jobless claims will be released. Recent data indicated a slowdown in activity as the number of new jobless claims in the U.S. increased to 215,000, but not dramatically. The employ

The post Iran And US Reach Political Agreement, But Deal Not Yet Finalized: Source appeared on BitcoinEthereumNews.com. Iran And US Reach Political Agreement, But Deal Not Yet Finalized: Source Skip to content Home Crypto News Iran and US Reach Political Agreement, but Deal Not Yet Finalized: Source Source: https://bitcoinworld.co.in/iran-us-political-agreement-not-final/

Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins expand the reach of US policy while the Bank of England’s Megan Greene expects their popularity will soon fade.

Increased military actions risk destabilizing regional peace efforts, complicating US diplomatic roles and reducing prospects for conflict resolution. The post Israel seeks US approval for expanded Beirut strikes amid rising tensions appeared first on Crypto Briefing.

The post US Seizes $1B in Iranian Crypto Amid Economic Pressure Campaign appeared on BitcoinEthereumNews.com. Peter Zhang May 30, 2026 08:47 The US Treasury confiscates $1B in Iranian crypto assets as part of ‘Operation Economic Fury,’ escalating financial measures against Tehran. The United States has seized nearly $1 billion in Iranian cryptocurrency assets, Treasury Secretary Scott Bessent disclosed on Friday at the Reagan National Economic Forum. This marks a significant escalation in the financial pressure campaign against Tehran, dubbed ‘Operation Economic Fury.’ Bessent detailed that U.S. authorities had “outright grabbed the wallets,” suggesting that some Iranian users may still be unaware their funds are gone. “Some of them may be typing in right now and not have realized that their wallet had been grabbed,” he added. Launched in March 2025, Operation Economic Fury has targeted Iranian financial resources across multiple avenues, including cryptocurrency seiz

In the wake of CFTC approval of perpetual futures contracts tied to the spot price of Bitcoin, Kraken expects to offer those to US institutional clients within "the next month."