The US Treasury proposed rules to block US investment in artificial intelligence projects and certain high-risk semiconductors in some foreign countries, including China, Russia, Iran, North Korea and Cuba. The rules are proposals, not completed bans. They would implement the COINS Act from December 2025 and expand an outbound investment program that took effect in January 2025.
The Department of Homeland Security ordered DeepSeek products removed from federal civilian agency IT systems and barred affected agencies from buying more. The order also covers DeepSeek affiliates and third-party products and services developed using DeepSeek implementations; DHS warned that their use could expose sensitive information to China.
Malaysia’s central bank launched a platform for issuing and holding tokenized debt securities, including sukuk. South Korea’s Shinhan Card agreed with two Japanese SBI companies to test yen-stablecoin payments and cross-border trade settlement, including checks for money laundering and fraud.
