The United States has blocked a Chinesebacked crypto mining firm from owning land near a strategic nuclear missile base in Wyoming. On May 13, the Biden administration said that the mining firm’s proximity to the base could pose a “national security risk”. The order forces the divestment of property operated as a crypto mining facility near the Francis E. Warren Air Force Base. The Francis E. Warren Air Force Base houses the Minuteman III intercontinental ballistic missiles. MineOne Partners Ltd, a firm partly backed by Chinese nationals, and its affiliates are also required to remove certain equipment on the site. Watch the video to know more.

#china #usa #biden #trump

00:00 INTRODUCTION
01:15 SCRUTINY ON FOREIGN INVESTMENTS NEAR SENSITIVE SITES
02:20 THE COMMITTEE ON FOREIGN INVESTMENT IN THE US
02:54 CHINA WARNS US NEW TARIFFS WILL 'SEVERELY AFFECT' TIES



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