President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base
President Biden has blocked a Chinese company’s purchase of land near a Wyoming nuclear missile base. The move is a sign of the growing tensions between the US and China over technology and national security. China is a major player in the Bitcoin mining industry, and the company’s bid to buy land near the base raised concerns that it could be used to conduct surveillance or other activities that could threaten national security. The decision to block the sale is a significant blow to the company, which has been investing heavily in the US.
