Biden Halts Chinese language-Backed Crypto Mining Close to Wyoming Army Base Over Nationwide Safety Issues

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The order mandates the agency, MineOne Companions Ltd., to divest its property housing a crypto mining facility close to the Francis E. Warren Air Power Base. 

The choice, coordinated with the U.S. Committee on International Funding in the US, goals to handle potential nationwide safety issues. 

The Treasury Division cited worries about “specialised and foreign-sourced tools probably able to facilitating surveillance and espionage actions.” 

Secretary Janet Yellen emphasised the necessity to safeguard nationwide safety; notably regarding transactions close to delicate navy installations. Additionally includes specialised applied sciences. 

The order highlights the importance of adhering to rules surrounding overseas investments, particularly close to vital U.S. protection websites. 

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