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Poland Hopes for AI Chip Export Restrictions to Be Lifted Under Trump

Poland is optimistic that the Trump administration will reverse the AI chip export restrictions imposed during the final days of President Joe Biden’s tenure. Dariusz Standerski, Poland’s deputy digital minister, expressed hopes on Wednesday that these restrictions, which limit Poland’s access to U.S.-designed AI chips, may be lifted under the new leadership.

The law, which was implemented by the Biden administration, categorized countries into three tiers. While 18 nations, including Japan, Britain, and France, were largely exempt from the restrictions, Poland and 120 other countries faced strict caps. Countries like Russia, China, and Iran were entirely barred from receiving the technology. Standerski criticized the decision, calling it “irresponsible” and stating that the Biden administration failed to provide a clear explanation for Poland’s placement in the second tier.

However, Standerski noted that Poland’s dialogue with the Trump administration had been “very constructive,” and he believes there is a “big chance” that Poland could be moved to the first tier, which would provide it with unrestricted access to the technology. Ongoing consultations are expected to last until May 15.

In addition, Poland’s Deputy Prime Minister Krzysztof Gawkowski discussed the potential rollback of these restrictions with U.S. Vice President JD Vance at the AI Action Summit in Paris last month. Tech groups, including Microsoft, have also urged the Trump administration to ease these restrictions, advocating that such measures should not be extended to U.S. allies.

Furthermore, the European Commission has voiced support for the idea, stating that the EU should be able to access advanced AI chips from the U.S. without limitations.

Franklin Templeton Files for XRP ETF Amid Rising Altcoin Adoption

Franklin Templeton has filed for an exchange-traded fund (ETF) tracking the spot price of XRP, highlighting the growing interest of asset managers in digital assets beyond Bitcoin. The filing, submitted on Tuesday, is part of a broader trend of increasing cryptocurrency ETF applications, fueled by expectations of a more favorable stance from the U.S. Securities and Exchange Commission under President Donald Trump’s administration.

This move follows Franklin Templeton’s recent filing for a Solana-based ETF last month and Grayscale Investments’ launch of a Dogecoin fund in January.

XRP, developed by U.S. crypto firm Ripple, is the world’s fourth-largest cryptocurrency, with a market capitalization of approximately $124 billion, according to CoinGecko. The token has surged more than threefold over the past year and is among the digital assets Trump has proposed for inclusion in a new strategic reserve.

Franklin Templeton’s XRP ETF is set to be listed on the Cboe BZX Exchange, with Coinbase designated as the custodian for the fund’s XRP holdings.

Samsung Seeks New North America Public Affairs Head with Trump Administration Ties

Samsung Electronics (005930.KS) is reportedly searching for a new head of North American public affairs, following the anticipated resignation of Mark Lippert, who currently holds the position. According to the South Korean newspaper DongA Ilbo, the company is seeking a successor with connections to U.S. President Donald Trump’s administration and the Republican Party.

Lippert, who served as the U.S. ambassador to South Korea under the Obama administration, was hired by Samsung in 2022 during President Joe Biden’s tenure. However, the company is now looking to replace him with someone aligned with the current political climate in the United States.

A spokesperson for Samsung declined to comment on the speculation, and Lippert has yet to respond to a Reuters request for comment.