U.S. Senate Advances AI Export Restrictions Via GAIN Act, Raising Crypto Mining Concerns
The U.S. Senate has passed a new artificial intelligence (AI) amendment that could reshape global technology trade and impact industries from chipmaking to crypto mining. Lawmakers approved the Guaranteeing Access and Innovation for National Artificial Intelligence Act of 2026, or GAIN Act, as part of the National Defense Authorization Act (NDAA). The legislation requires chipmakers…