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flag The U.S. bans investments in sensitive tech abroad, targeting China, Russia, and others, under a new 7-year law.

flag The Fiscal Year 2026 National Defense Authorization Act, enacted December 18, 2025, includes the COINS Act, establishing a permanent legal framework to restrict U.S. investments in sensitive technologies abroad. flag The law expands previous executive actions to cover countries including China, Russia, Iran, North Korea, Cuba, and Venezuela, and bans investments in high-risk sectors like AI, semiconductors, quantum technologies, and hypersonics. flag It requires mandatory notifications and imposes penalties for noncompliance, codifying national security oversight of outbound investments. flag The Treasury Department has 450 days to issue final rules, with the law set to remain in effect for seven years.

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