Bitcoin

The US-China tech decoupling narrative is not new, but this specific call to restrict research collaboration could spill over into blockchain and AI development, areas where both countries compete. The lack of agreement on method means the outcome is unpredictable, which markets dislike. Over the long term, this could accelerate the shift toward decentralized infrastructure that is jurisdiction-agnostic.

US politicians from both parties are urging agencies to restrict research collaboration with China due to concerns about theft and exploitation, but they disagree on the approach.