UPDATE 3-Chipmaker TSMC cuts revenue outlook again on cryptocurrency gloom

* Demand from cryptocurrency expected to soften in H2 * Sees high-performance chips contributing more to 2018 revenue * Q2 profit T$72.29 bln vs T$71.895 bln analyst view * Q2 revenue in line with company forecast (Adds quotes, context) By Yimou Lee and Jess Macy Yu TAIPEI, July 19 (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker, trimmed its annual revenue and capital spending estimates on bleak demand from smartphone and cryptocurrency mining industries. 

UPDATE 3-Chipmaker TSMC cuts revenue outlook again on cryptocurrency gloom

* Demand from cryptocurrency expected to soften in H2 * Sees high-performance chips contributing more to 2018 revenue * Q2 profit T$72.29 bln vs T$71.895 bln analyst view * Q2 revenue in line with company forecast (Adds quotes, context) By Yimou Lee and Jess Macy Yu TAIPEI, July 19 (Reuters) – Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker, trimmed its annual revenue and capital spending estimates on bleak demand from smartphone and cryptocurrency mining industries. 

INSIGHT-Switzerland seeks to regain cryptocurrency crown

* ZKB closed account for 20 cryptocurrency companies * Second large Swiss bank kicked out a crypto project – source * Switzerland losing crypto “crown” to offshore rivals * Swiss authorities move to reverse the trend By Anna Irrera and Brenna Hughes Neghaiwi NEW YORK/ZURICH, July 19 (Reuters) – Swiss regulators are stepping up efforts to halt an exodus of cryptocurrency projects from the country, after two of only a handful of banks active in the nascent sector shut their doors on it in the last year. 

Revolut reports suspected money laundering to UK authorities

LONDON, July 17 (Reuters) – Digital bank Revolut has reported suspected money laundering activities on its network to British law enforcement and regulatory agencies, a spokesman said on Tuesday, adding that the sums of money involved were not significant. 

UPDATE 2-BlackRock is evaluating cryptocurrencies, CEO Fink says

(Adds bitcoin price action, investor reaction) By Trevor Hunnicutt NEW YORK, July 16 (Reuters) – BlackRock Inc Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group to look at blockchain technology and cryptocurrencies such as bitcoin, but cautioned he does not see massive investor demand. 

BlackRock is evaluating cryptocurrencies, CEO says

NEW YORK, July 16 (Reuters) – BlackRock Inc Chief Executive Larry Fink on Monday said the world’s largest asset manager has assembled a working group that is looking at blockchain technology and cryptocurrencies, such as bitcoin, but cautioned he does not see massive investor demand.