The United States Department of Justice has announced it plans to pare back its investigations into cryptocurrency fraud, instead redirecting those resources towards immigration enforcement, terrorism and drug trafficking. In a memo late on Monday, Deputy Attorney General Todd Blanche quoted President Donald Trump’s pledge to “end the regulatory weaponization” of the cryptocurrency industry. “The Department of Justice is not a digital assets regulator,” Blanche wrote. “The Justice...

Iran is approaching talks in Oman with the United States over its nuclear programme with deep suspicions regarding Washington’s motives, following the latter’s repeated threats of military action in the lead-up to the meeting. US President Donald Trump announced this week that his administration would have “direct” talks with Tehran on Saturday. But his warning that Iran would be in “great danger” if talks failed comes after recent...

Washington, DC – With the clock ticking for additional United States tariffs to be placed on goods from China, President Donald Trump has said he is waiting for a call from Beijing to defuse a growing trade war. After a phone call with South Korea’s acting president, Han Duck-soo, on Tuesday, Trump said South Korean officials are travelling to the US for trade talks. He added that “many...