President Biden blocked a Chinese-backed crypto mining firm from owning land.

President Biden has blocked a Chinese-backed crypto mining firm, MineOne Partners, from owning land near a Wyoming nuclear missile base, citing a national security risk. The order forces MineOne Partners Ltd., a company partly owned by Chinese nationals, to divest property operated as a crypto mining facility near the Francis E. Warren Air Force Base and remove certain equipment on the site. This move follows the US's plan to issue major new tariffs on electric vehicles, semiconductors, solar equipment, and medical supplies imported from China.

May 13, 2024
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