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2025-05-30
15:17
China Criticizes US Semiconductor Export Controls: Impact on Crypto and Tech Markets

According to The Kobeissi Letter, China's US Embassy spokesperson stated that China has repeatedly raised concerns about the US abusing export control measures in the semiconductor sector and urged the US to stop discriminatory restrictions. For traders, this signals potential volatility in global technology and crypto markets, as tighter US export controls could disrupt semiconductor supply chains critical to blockchain mining hardware and AI infrastructure. Such developments may influence the pricing and availability of GPU-based mining equipment, affecting Bitcoin and Ethereum network activities (Source: The Kobeissi Letter, May 30, 2025).

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