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Statement on the President's Decision Prohibiting the Acquisition by MineOne Cloud ... - Treasury

Retrieved on: 2024-05-13 20:15:39

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Statement on the President's Decision Prohibiting the Acquisition by MineOne Cloud ... - Treasury. View article details on hiswai:

Summary

President Biden, addressing national security concerns, ordered MineOne Partners, with a majority Chinese ownership, to divest and remove its crypto mining equipment from near a U.S. Air Force base, following a CFIUS investigation related to cloud computing and foreign investment.

Article found on: home.treasury.gov

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