Bloomberg Tech

Coinbase Global Inc.’s horde of retail cryptocurrency traders may be turning to Robinhood Markets Inc., according to one analyst.

The European Union is moving closer to enacting new rules around artificial intelligence — a step that some in the industry say will put necessary safeguards on a powerful technology, and that others believe will hurt the region’s economy.

MakerDAO, one of the largest decentralized finance protocols, has approved an almost 80% reduction in its holdings of the stablecoin issued by the Winklevoss brothers’ Gemini Trust Co.

The European Commission is increasing the pressure on member-nations to stop using Huawei Technologies Co. and ZTE Corp. equipment in their most advanced mobile networks, explicitly labeling the companies for the first time as “high-risk” vendors.

Dell Technologies Inc. is looking to buy back notes as the company aims to reduce debt and maintain its investment-grade rating as it continues to whittle away its highly leveraged acquisition of EMC Corp. in 2016.

London-headquartered Molten Ventures Plc de-valued its holdings in digital finance companies Ledger and Revolut Ltd., signaling venture capital firms are becoming more cautious toward technology startups and the crypto sector.

Bank of England Deputy Governor Jon Cunliffe said a decision on whether to launch a digital version of the pound in Britain is still “some years” away.

North Korea test-fired two short-range ballistic missiles Thursday in its first such launch in about two months, which came after it failed in late May to put a spy satellite into orbit.

The European Commission is planning to ban equipment from Chinese vendors Huawei Technologies Co. and ZTE Corp. from its own internal telecommunications networks, people familiar with the matter said.