What is going to happen Biden orders remove of Chinese-owned crypto Miner?
What is going to happen Biden orders remove of Chinese-owned crypto Miner?
United States President Joe Biden has signed an order preventing a China-linked crypto mining firm, to see more of this News you can click in the link below
https://cointelegraph.com/news/biden-orders-removal-chinese-owned-crypto-miner-near-missile-base
But what the president is doing i don’t think, is going to end well with Chinese this is going to affect their business over there and more people. Even if they move out crypto at missile base it’ll surely not change anything cause the Chinese crypto are really helping out there. I don’t know what’s your opinion towards this? Or maybe the Chinese are trespassing?
Sounds like a national security issue.
But because they just want to relocate the mining farm, they may still be in the US. The first reason why they came to the US was because there was a crackdown in China during that time. Now that China seems to loosen its belt and even approve the ETFs in Hong Kong, I think the miners will likely be going back to China.