In the News: US Reinforces Chip Export Controls; Brokers' Offshore Trading Ban; and Court Denies Crypto Lending

October 18, 2023 | BY

Brian Chan

U.S. further restricts export of chips to curb China's technological advancement; China bans domestic brokerages from offshore trading in order to stabilize its currency; and Chinese court continues to not recognize crypto lending in civil litigation cases

Credit: Raimundas/Adobe Stock

U.S. Further Restricts Exports of Chips to China

The U.S. is tightening export controls for cutting-edge artificial intelligence chips to restrict China's access to advanced semiconductors and