New DeepSeek ban in US, Swiss-Asia crypto ties deepen: Asia Express
DeepSeek banned from US federal civilian agencies over spying fears. Singapore firm behind Europe’s only spot Bitcoin ETF, as Switzerland partners with Vietnam on crypto tech.
DeepSeek banned from US federal civilian agencies over spying fears. Singapore firm behind Europe’s first spot Bitcoin ETF, as Switzerland partners with Vietnam on crypto tech.
The US Treasury has proposed new rules that would block investment in artificial intelligence projects (sorry, ‘Super Intelligence’ projects) and certain high risk semiconductors in some foreign countries.
The blocks have been mainly aimed at geopolitical rival China, but will now also encompass other adversaries including Russia, Iran, North Korea and Cuba. The rules would implement the COINS Act from December 2025 and expand the Outbound Investment Security Program that went into effect in January 2025.
Finance officials reportedly met major crypto exchanges this week, days after a lawmaker introduced legislation that could push the start date of a new crypto tax back two years.