DHS orders DeepSeek removed from federal civilian agency IT systems, report says
In brief
- DHS ordered DeepSeek products removed from federal civilian agency IT systems, per Cointelegraph.
- DHS's order reportedly also covers DeepSeek affiliates and bars affected agencies from new purchases.
- Treasury proposed rules blocking some AI and semiconductor investment in China and other countries.
- Solana Foundation postponed its Shanghai event after registrations exceeded a cap set by local authorities.
- Shinhan Card and SBI will test yen stablecoin payments for travelers and trade settlement.
What Washington is targeting
DHS warned that government use of DeepSeek could expose sensitive information to China, including details about US citizens and federal programs, according to Cointelegraph.
LeoDex News couldn't review the order itself.
The same column covers a separate move by the US Treasury, which proposed new rules that would block investment in AI projects and certain high-risk semiconductors in some foreign countries. They're aimed mainly at China but would also cover Russia, Iran, North Korea and Cuba. The rules aren't final. They'd implement the COINS Act from December 2025 and expand the Outbound Investment Security Program (which took effect in January 2025), building on earlier limits on selling high-powered AI chips to China.
Treasury has already used that program. Cointelegraph reported the first $200,000 penalty, against Amidi, LLC, for failing to report an investment by its Chinese subsidiary into Shanghai Qiongche Intelligent Technology (Noematrix).
Solana's Shanghai event postponed
The Solana Accelerate event in Shanghai was postponed after pre-registration went over a cap set by local authorities, Solana Foundation president Lily Liu said. In a Friday X post, she wrote that registration quadrupled overnight after the event was publicized. Liu added that organizers postponed the event to "comply with local requirements," Cointelegraph reported.
Binance founder Changpeng Zhao said he was impressed the foundation had been allowed to open a Shanghai office. He noted BNB Chain hadn't been able to.
Stablecoins, treasuries and tax in Korea and Japan
South Korea's Shinhan Card, one of the country's biggest credit card companies, signed a pact Tuesday with Japan's SBI VC Trade and SBI XDC Network APAC to test yen stablecoin payments for travelers and cross-border trade settlement, Cointelegraph reported. The partners also plan to assess anti-money-laundering and fraud-detection controls. Cointelegraph also reported that Injective signed a memorandum of understanding with Korean custodian BDACS to bring a won-backed stablecoin to its tokenized asset markets.
Shareholders of Nasdaq-listed Super League approved a deal that would give Japanese Bitcoin treasury firm Metaplanet a 93.7% stake, Cointelegraph reported. Metaplanet has also announced a planned repurchase of about $160 million of its own shares.
Korean finance officials reportedly met representatives from Upbit, Bithumb, Coinone, DigitalX and Gopax, along with executives of the Digital Asset Exchange Alliance (DAXA), to discuss crypto taxation. That came days after a lawmaker introduced legislation that could push the tax back another two years. Regulators have already delayed it three times, and the latest delay set the start date to 2027.
