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Biden blocks Chinese-backed crypto miner from land ownership near Wyoming military base

  • President Joe Biden blocked a Chinese-backed cryptocurrency mining firm from owning land near a Wyoming nuclear missile base, citing it as a national security risk.
  • A 2018 law allowed CFIUS to review real estate transactions near sensitive sites like the F.E. Warren Air Force Base.
  • MineOne Partners Ltd., backed by Chinese individuals, must divest property near the base and remove specific equipment within deadlines set by CFIUS.
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