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Nellius Irene

As seen in: Cryptopolitan, MSN, MSN Money Canada, 24/7 Wall Street, EIN News, PYMNTS, Bilaterals, The Crypto Basic
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Articles

Trump slaps up to 100% tariffs on drones in fresh crackdown on Chinese tech

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By Nellius Irene
| Cryptopolitan Verified
President Donald Trump imposed a huge 100% tariff on imported drones to challenge China’s market grip. The White House has so far framed the decision as a national security measure, slapping a 100% duty on certain unmanned aircraft systems, including those exceeding 25 kilograms and those with specialized security capabilities, while smaller drone models are subject to a 25% import tax. Some U.S.-allied nations are also facing relatively low tax rates.
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Anthropic targets $2T valuation in October IPO challenging SpaceX’s record

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By Nellius Irene
| Cryptopolitan Verified
Investors expect Anthropic to reach a valuation of $2 trillion or more in October, easily surpassing SpaceX’s market debut as the largest IPO in history. So far, the firm’s backers have asserted that its accelerating revenue growth and the growing demand for its cutting-edge AI models would justify a twofold increase in valuation for its autumn listing. “If Anthropic is growing 800 percent a year, you’d think at the incredibly low end they would trade at 30 times [revenue].
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UK banks block 40% of crypto transfers as MPs warn debanking risks crypto growth

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By Nellius Irene
| Cryptopolitan Verified
Around 40% of domestic crypto transfers are currently delayed or outrightly rejected by British banks. Moreover, four-fifths of exchanges have seen an increase in the number of blocked transactions over the past 12 months. Some lawmakers are now questioning the trend. They have cautioned that high-street banks refusing crypto clients could potentially paralyze UK market growth.
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