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

What happened: The US Department of Homeland Security ordered the removal of DeepSeek products from federal civilian agency IT systems, covering affiliates and third-party products built on DeepSeek, and barred new purchases. Why it matters: DHS warned that DeepSeek use by government employees and contractors could expose sensitive information to China. The Treasury rules would implement the COINS Act from December 2025 and expand the Outbound Investment Security Program that took effect in January 2025.

The US Department of Homeland Security ordered the removal of DeepSeek products from federal civilian agency IT systems, covering affiliates and third-party products built on DeepSeek, and barred new purchases.

DHS warned that DeepSeek use by government employees and contractors could expose sensitive information to China. The Treasury rules would implement the COINS Act from December 2025 and expand the Outbound Investment Security Program that took effect in January 2025.