The U.S. Treasury Department has introduced new rules increasing scrutiny for foreign businesses operating near military sites, following concerns about a Chinese-owned crypto mining facility situated close to Warren Air Force Base in Wyoming. The new regulations empower the U.S. government to closely examine foreign real estate acquisitions near military installations, especially given the military significance of sites housing assets like Minuteman III intercontinental ballistic missiles. Recent actions include halting operations of MineOne, a bitcoin mining operation linked to Chinese nationals, which raised national security alarms and was linked to ongoing investigations by the Committee on Foreign Investment in the United States (CFIUS). The Treasury's announcement aims to bolster national security and deter potential threats from foreign adversaries, as stated by Secretary of the Treasury Janet Yellen. This heightened regulatory environment signifies a significant shift in how foreign investments near military installations will be managed.

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