Month: May 2024

Biden Administration issues first CFIUS Veto prohibiting the acquisition by a Chinese owned cryptocurrency company of a real estate, and the operation of a cryptocurrency mining facility, in close proximity to ICBM base

https://home.treasury.gov/news/press-releases/jy2335 https://www.whitehouse.gov/briefing-room/presidential-actions/2024/05/13/order-regarding-the-acquisition-of-certain-real-property-of-cheyenne-leads-by-mineone-cloud-computing-investment-i-l-p The Biden administration has issued its first veto under the Committee on Foreign Investment in the United States (CFIUS) powers. This marks the eighth presidential veto in nearly…