In late November, Daniel Zhang, the chairman and CEO of Chinese e-commerce giant Alibaba, gave a speech at the Chinese government-sponsored World Internet Conference. The event was taking place in Wuzhen, a historic town in eastern Zhejiang province, but Zhang’s intended audience was hundreds of miles away, in Beijing. Just …

The Turkish Central Bank said cryptocurrencies like Bitcoin are too risky and forbade their use in the country. The Turkish government banned the use of cryptocurrencies today. Cryptocurrency refers to digital currency that can be used to buy goods and services online. The value of cryptocurrencies fluctuates, and some investors …

The announcement further violates the Iran nuclear deal that is currently being discussed with the United States in Vienna. The Iranian government announced today that it has reached uranium enrichment levels of 60%. The news complicates ongoing talks involving Iran and the United States on the former’s nuclear program. The …