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Industry

Taiwan considers sweeping controls on AI chip exports to China

Taiwan is reviewing a plan to tighten restrictions on exports of AI chips to all customers in China, potentially extending controls beyond blacklisted firms and criminalising AI server smuggling. The debate centres on how closely Taiwan will align with U.S. export-control standards. Taiwan’s economy ministry said it will strengthen oversight of strategic high-tech products and is consulting the United States on adding advanced chips to controls.

Crypto

U.S. CLARITY bill keeps clashing over crypto ethics, momentum cools rapidly

The U.S. Senate’s CLARITY crypto market structure bill is losing momentum amid a partisan fight over how to enforce ethics provisions. A key dispute is whether state attorneys general should be able to sue the Justice Department if the federal government fails to enforce crypto ethics rules. Some Republicans and the White House have stepped back from earlier enforcement proposals, while Democratic senators who backed the bill in committee are not promising support on the Senate floor.

Industry

U.S. senator presses SEC to delay SpaceX IPO ahead of listing

U.S. Senator Elizabeth Warren (Elizabeth Warren) urged the Securities and Exchange Commission to delay SpaceX\'s initial public offering, citing concerns over valuation, corporate governance and investor protection. She warned the listing could pose an unusual threat to investor safeguards and market integrity. Warren also raised issues tied to SpaceX\'s acquisition of Elon Musk-owned xAI and potential index inclusion that could expose index fund investors to risks without choice.