Biden bans Chinese-backed cryptocurrency mining firms from owning land near U.S. missile bases

Odaily News U.S. President Joe Biden has issued an order barring a cryptocurrency mining company majority-owned by a Chinese investor from owning land near an Air Force base in Wyoming, citing national security risks. Biden is also requiring the sale of the land, which is one mile from Francis E. Warren Air Force Base, according to a statement released by the U.S. Treasury Department on Monday. The Treasury Department said MineOne Partners Limited acquired the land in June 2022 and modified it to accommodate a cryptocurrency mining operation. The Committee on Foreign Investment in the United States (CFIUS) reviewed the deal and found national security risks,