In May 2021, China announced a crackdown on cryptocurrency mining and trading. In recent months, China has doubled down on its new policy by targeting businesses involved in the mining and trading of bitcoin and other cryptocurrencies. China’s is prohibiting cryptocurrency mining and trading for many reasons, including:
In an effort to improve the security and tranquility of Americans, Department of Homeland Security (DHS) along with U.S. Customs and Border Protection (CBP) U.S. Citizen and Immigration Services (USCIS) and Transportation Security Administration (TSA) are looking for tech-startups and scientific talent to be integrated into DHS’ Silicon Valley Innovation Program (SVIP). DHS and its subsidiary groups seek to find commercially viable companies to invest in, many of which reside in the same territory of SVIP–Silicon Valley. The goal is to bridge the gap between American technological innovation and the security and effectiveness of government agencies, tasked with the protection of the country.