According to PANews, President Biden of the United States has issued an order prohibiting a Chinese investor-controlled cryptocurrency mining company from owning land near an airbase in Wyoming, citing national security risks. The order also demands the sale of the land. The U.S. Treasury Department announced on Monday that MineOne Partners Limited, majority-owned by Chinese investors, acquired the land in June 2022 and made adjustments to accommodate cryptocurrency mining operations. The U.S. Foreign Investment Committee reviewed the transaction and identified national security risks, including concerns about surveillance.
Biden Orders Chinese-Owned Crypto Mining Firm to Sell Land Near Wyoming Airbase
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