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Trump AI Executive Order: Crypto Industry Reaction
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@blockonomist
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2026-06-03 21:50:11
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Trumps downsized AI executive order removed bias testing requirements for AI hiring tools and limited safety reporting to models >10^26 FLOPs. Crypto industry relieved (no mining energy restrictions). Chip stocks up 3-5% on America-first chip procurement. The order reflects White House internal divisions between AI accelerationists and safety advocates. Practical impact: minimal for small models, significant for frontier labs.
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