The US Department of Homeland Security ordered the removal of DeepSeek from federal agencies’ information technology systems, along with its affiliates and third-party products using its models. The US Treasury proposed extending restrictions on foreign investment in artificial intelligence and certain semiconductors to Russia, Iran, North Korea and Cuba, and imposed a first $200,000 penalty on Amidi. The Solana Accelerate event in Shanghai was postponed after registrations quadrupled and exceeded the cap set by local authorities. In Asia, Shinhan Card, SBI VC Trade and SBI XDC Network APAC will test yen-backed stablecoin payments, while Malaysia’s central bank launched a platform for issuing and holding tokenized bonds. Bitget is seeking to acquire GMO-Z.com Cryptonomics in Thailand, South Korean officials are consulting major crypto exchanges on taxation, and a Swiss fund launched the country’s first Bitcoin ETF.
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