Bessent says advanced chip leaks frustrate him amid Megaspeed dispute
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Treasury Secretary Scott Bessent said he is frustrated by leaks of advanced chips amid the dispute over Megaspeed, highlighting friction between enforcing U.S. export controls and preserving trade relations with China. The remarks come as Washington scrutinizes how cutting-edge semiconductors reach restricted buyers, a dynamic that shapes U.S.-China tech tensions. The article did not disclose specific token prices, TVL, volumes, market caps, funding amounts, protocols, chains or tokens. It matters because tighter enforcement could reshape cross-border tech trade and supply chains. What to watch next is how the Megaspeed dispute is resolved and whether export-control scrutiny intensifies.
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Named in this story
Bessent, Megaspeed, US, China