House Republicans proposed the Deterring American AI Model Theft Act to target Chinese and Russian entities misusing U.S. AI models. The bill, under review, may lead to sanctions or blacklisting, potentially accelerating China's tech self-reliance despite the U.S.'s ongoing chip advantage.

Hannam University has launched a GPU data center project in Daejeon, South Korea, set to house over 62,500 GPUs at a cost of $1.9 billion. Supermicro is in charge of GPU procurement, and the facility aims to support up to 320,000 GPUs with advanced cooling systems.

A White House report argues against banning stablecoin yields, highlighting minimal benefits for bank lending and reduced consumer earnings. Key officials support the CLARITY Act, but the Senate Banking Committee's timeline remains uncertain, affecting the bill's chances before summer recess.

From 15:30 to 15:45 (UTC) on 2026-04-14, the ETH price range was 2340.75 to 2367.0 USDT. Within 15 minutes, the return rate reached +1.06%, and the amplitude was 1.12%. Market volatility intensified, and on-chain and social attention rose in tandem. Short-term trading activity increased significantly, and investor sentiment shifted to optimism. The main driving force behind this market move is the direct impact of an international political event on risk appetite. The United States announced a blockade of the Strait of Hormuz in the Middle East region related to the White House, creating a stark contrast with peace signals reportedly coming from Iran, and it triggered uncertainty and panic sentiment in the market.

U.S. Representative reintroduces the “Digital Asset Protection Act,” revises the treatment of cryptocurrency taxation, removes the tax-exempt threshold for small transactions, clarifies the conditions for recognizing gains from stablecoin transactions, and sets rules for determining cost basis. Industry expects the bill to drive the inclusion of crypto provisions in tax legislation.

The American Bankers Association criticized the stablecoin report released by the White House Council of Economic Advisers, saying its analysis was wrong. It emphasized that allowing stablecoins to pay interest would lead to local banks’ deposits flowing out and would tighten credit, countering the report’s claim about the effects of the proposed ban.

The Office of Management and Administration at the White House sent a warning email to employees on March 23, prohibiting the use of their position to speculate in the futures market. The warning came after the announcement by Trump of a pause in attacks on Iran, and suspicious trading appeared in the market. Senior officials described the email as a timely “reminder.”

The White House warns staff not to use their positions to bet in prediction markets, especially by engaging in unusual trading activity before policies suddenly change. Accounts that have already profited more than $600k through prediction have drawn criticism, and critics suspect that someone used insider information to profit. The White House confirmed the authenticity of the warning.

Gate News message: On April 9, according to a report from April 10, Amazon CEO Andy Jassy said the company is considering selling its AI chips to other businesses. He also revealed that the annualized revenue outlook for the company’s in-house chip business is expected to exceed $20 billion. This disclosure is rare and highlights the scale of Amazon’s in-house chip business, which produces general-purpose computing chips, AI accelerators, and chips designed to improve the efficiency of the company’s server operations.