[POLICY] Treasury proposed rules barring U.S. investment in advanced chips, quantum computing and certain AI in China and other countries of concern; comments are due Dec. 7.Why it matters
it limits where American money can help build advanced technology abroad.
Digital dollars now come with federal rules. Illustration: Singularity Nightly (AI-generated)
The Office of the Comptroller of the Currency finalized its rule for stablecoins under the GENIUS Act, effective Jan. 18, 2027. Separately, Treasury proposed outbound investment limits on advanced chips, quantum computing and AI in countries of concern, with comments due Dec. 7. Congress is in recess until after the midterm elections.