Exonumia

Chip War: US tightens Noose on China with Japan-Netherlands Deal

The United States' deputy commerce secretary has confirmed the existence of a "deal" with Japan and China that will limit exports of chip-making tools.

"We can't talk about the deal right now," Don Graves said on the sidelines in Washington, quoted by Reuters and the Guardian. "But you can certainly talk to our friends in Japan and the Netherlands."

Bitcoin Miners Set to Stop Business After China Bans Crypto Money

Mining operator cryptocurrency such as Huobi Mall and BTC.TOP suspended operations in China. This stoppage comes after Beijing will crack down on mining and trade Bitcoin.

This action made the digital currency plummet. The State Council Committee headed by Deputy Prime Minister Liu He announced a crackdown on Friday evening.

How to Trade Fiat Currency for Bitcoin

Fiat currency refers to non-digital money. A centralized power controls fiat money. Several economic elements, as well as supply and demand, determine the value of fiat money. And these are the main differences between fiat currency and a cryptocurrency like Bitcoin. Examples of fiat currencies include Dollars, Pounds, and Yen.

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