Back to News
CryptoRegulationEthereumBitcoin

Venice and Morpheus Tokens Surge After US Restrictions on Anthropic

Tokens for decentralized AI projects Venice and Morpheus surged after U.S. export restrictions were placed on Anthropic's models.

Mercation Admin
June 14, 2026 1 min read
Venice and Morpheus Tokens Surge After US Restrictions on Anthropic

The decentralized AI tokens of Venice and Morpheus have seen significant price increases following a U.S. export directive that mandates Anthropic to limit foreign access to its AI models, Fable 5 and Mythos 5.

As of June 13, 2026, data from CoinGecko shows that the Venice token (VVV) surged approximately 14%, trading at $16.37, with a peak of $17.66 during the day and a trading volume nearing $130 million. Similarly, Morpheus (MOR) experienced a notable rise of around 21%, reaching $2.28, with a trading volume just under $300,000.

This directive, issued by the U.S. Department of Commerce, was communicated to Anthropic on June 12, 2026, at 5:21 PM Eastern Time, requiring the company to suspend access to its newly launched models for foreign nationals, both domestically and internationally. In response, Anthropic disabled access to these models for all clients while keeping other models operational. The company had introduced Fable 5 on June 9, 2026, as the first model in the Mythos class, claiming it had protective features against software vulnerabilities.

In light of the restrictions, decentralized projects like Venice and Morpheus have seized the moment for promotion. A Morpheus account on X expressed that decentralized AI has never been more appealing, thanking Anthropic's CEO Dario Amodei for the “free advertising” while offering condolences to users affected by the access loss. Erik Voorhees, founder of Venice, responded to concerns about citizenship checks in AI platforms, stating, "There’s a reason we built Venice."

Venice is positioned as a privacy-centric AI platform utilizing open-source models, while Morpheus operates as a community-driven project that rewards contributors with MOR tokens. Anthropic has indicated it will provide further updates within 24 hours and is actively working to restore access to its models.