In a letter addressed to National Security Adviser Jake Sullivan, Representative Michael McCaul, chairman of the House Foreign Affairs Committee, and Representative Mike Gallagher, chairman of the House Select Committee on China, stated that China’s leading semiconductor manufacturer’s recent technological advancements underscore the necessity for revising the comprehensive regulations introduced in 2022. They emphasize the need to address what they perceive as deficiencies or “loopholes” in the existing rules.
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Source: Cryptocurrency - investing.com
