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US vs DeepSeek: Banned From Civilian Agencies Over Spying Fears

2026-10-23

DeepSeek, the AI company, has been banned from US federal civilian agencies over fears that it could be used for spying. Cointelegraph reported the ban in its Asia Express column, written by Andrew Fenton and published on Oct 22, 2026. The excerpt does not say when the ban takes effect or which agencies are covered.

Separately, the US Treasury has proposed rules that would stop investment in artificial intelligence projects, which the rules call 'Super Intelligence' projects, in some foreign countries. The same proposal would also cover certain high-risk semiconductors. The excerpt does not name the countries involved, and the rules are still proposals, not final law.

The same column covers two other stories. A Singapore firm is behind Europe's only spot Bitcoin ETF, and Switzerland has formed a partnership with Vietnam on crypto technology. The excerpt does not name the Singapore firm or give the terms of the Swiss-Vietnam deal.

For someone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, none of this changes anything directly. The story does not mention any of these exchanges, funding rates, trading fees or perpetual futures liquidity. The DeepSeek ban and the Treasury proposal are about AI and chips, not crypto derivatives, so the cost of holding a perp position is not affected by anything reported here.

Source: cointelegraph — New DeepSeek ban in US, Swiss-Asia crypto ties deepen: Asia Express

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