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UK Prime Minister Rishi Sunak’s win was a victory for crypto

As the youngest PM to take office in the U.K. in more than 200 years, Sunak has something else in common with his millennial peers: He is a crypto enthusiast. In fact, as a recent Bank of America (NYSE:BAC) survey found, “Younger investors are choosing to allocate significantly more of their portfolios to crypto” than their older counterparts. Additionally, those in the 21–42 age bracket are “more likely to believe crypto offers the greatest opportunities for growth” and allocate an average of 15% of their portfolios to crypto investments, compared with the 2% invested by the over-42s.

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Source: Cryptocurrency - investing.com

US-China decoupling ‘expensive’, warns Japan chipmaker executive

He Lifeng: China’s expected new economic tsar has big shoes to fill