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CHINATreasury proposes blocks on US investments in AI and semiconductors in some foreign countriesThe 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. They rules build on previous restrictions on selling high powered AI chips to China. The US is backing up its threats too, having announced the first $200,000 penalty this month to Amidi, LLC. Treasury for failing to report an investment by its Chinese subsidiary into embodied AI and robotics company Shanghai Qiongche Intelligent Technology (AKA Noematrix.)US bans DeepSeek from civilian agency IT systemsThe US Department of Homeland Security has ordered the removal of DeepSeek products from federal civilian agency IT systems.

Skip to main contentCrypto NewsOct 22, 2026, 6:43 p.m. EDT2 min readFormer White House crypto adviser Bo Hines, who is CEO of Tether's U. S. arm, is under scrutiny from a Senate Democrat for payments made to his consulting firm. (Jesse Hamilton/CoinDesk)SummaryU. S. Senator Richard Blumenthal keeps digging into Tether on behalf of the Senate Permanent Subcommittee on Investigations, this time looking at recent reports that a firm owned by former White House crypto adviser Bo Hines took millions while he was still helping shape stablecoin policy. Blumenthal, the ranking Democrat on the subcommittee, sent letters to Tether and the firm, Nxum, that was co-founded by Hines, who took a job as Tether’s top U. S. executive after leaving the White House. U. S. Senator Richard Blumenthal has added another Tether probe to the many irons he has in crypto fires, this time demanding answers about reported payments the company made to a firm owned by Bo Hines — the former White House crypto adviser who is now in charge of the U. S. arm of Tether.

The artificial-intelligence trade is on the ropes. CNN’s “Fear & Greed” index is screaming fear, and the yield on the 10-year Treasury note just clinched its biggest daily drop since the collapse of…