Reuters: TSMC and Foxconn fell by the Taiex exchange’s daily 10% limit on April 7 as US tariffs roil global supply chains; Taiwan’s 32% tariff is among Asia’s highest  —  Taiwan stocks plummeted almost 10% on Monday, the biggest one-day percentage fall on record, in the first trading since U.S. tariffs … Lees verder op Tech Meme

David Yaffe-Bellany / New York Times: Bitcoin is down 10% to around $76,000 after President Trump’s global tariffs, far below its record $110,000 high at Trump’s January 20 inauguration  —  The rapid drop shows that cryptocurrencies, which the president has promoted, are subject to the same market gyrations as any other risky asset. Lees verder op Tech Meme

Philip Stafford / Financial Times: Tether CEO Paolo Ardoino says the company is involved in discussions about US rules on stablecoins, and may offer a US-only coin depending on new US regulations  —  World’s most traded cryptocurrency does not currently accept customers in the US  —  Tether, the world’s most traded cryptocurrency … Lees verder op Tech Meme