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U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base - TL;DR CNBC

U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base

Publishing timestamp: 2024-05-14 03:45:00


Summary

The Biden administration has ordered Chinese-backed cryptocurrency mining company MineOne to sell land near a U.S. nuclear missile base due to national security concerns. This move is part of a wider crackdown on Chinese companies in the U.S. ahead of the upcoming presidential elections.


Sentiment: NEGATIVE

Tickers: MU

Keywords: u.s. economybusiness newspoliticstechnologydefensemicron technology incbreaking news: technologybreaking news: politics

Source: https://www.cnbc.com/2024/05/14/us-orders-chinese-backed-crypto-miner-to-sell-land-near-military-base.html


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