CandleFocus Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.
2024-11-01
Author: Content Editor
The U.S. Department of the Treasury has announced a new rule that will increase scrutiny of foreign real estate deals near sensitive U.S. military bases. This comes after President Joe Biden ordered a China-tied crypto mining operation to cease operations near a Wyoming nuclear missile base earlier this year. The rule will give the U.S. government more authority to review real estate acquisitions, particularly in relation to national security concerns. The move aims to deter and prevent foreign adversaries from threatening U.S. Armed Forces and intelligence gathering.
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