Deniz Saat

On March 31st, 2022 President Putin signed a decree that requires foreign buyers to pay for Russia’s oil and gas with rubles. This decree takes effect on Friday April 1st and any contracts that are not paid in rubles will be halted. Putin added that all oil and gas

In March of 2021, Kentucky was able to pass House Bill 230 which incentivizes commercial miners with a number of tax breaks for their operations. Commercial miners are allowed to be tax exempt for the energy and equipment they use. In order to receive these exemptions, Senate Bill 255 requires

On March 29th, 2022 MicroStrategy CEO Michael Saylor announced that MacroStrategy, a subsidiary of MicroStrategy, will use all proceeds from a Silvergate Bank loan to acquire more Bitcoin. At a current Bitcoin price of $47,500, MacroStrategy would be able to acquire around 4,315 BTC for their company balance

GAO released a study on the benefits of blockchain technology to provide Congress with an overview of what, how, where, and why blockchains are needed within today’s economy. The report discusses the non-financial, financial, and policy options that enhance solutions as well as mitigate certain challenges that blockchain technology

Various towns in Northern Italy are falling under pressure to rising energy costs while looking to achieve more environmentally friendly methods for producing energy. As a great example for why the call for Proof-of-Work (PoW) mining to be banned in the European Union (EU) was dropped by regulators, a small

Head of the State Duma Committee on Energy Pavel Zavalny said in a press conference on March 24th, 2022 that the country is open to accepting Bitcoin in exchange for oil and gas. He goes on to explain that because of sanctions imposed by the E.U. and U.S.

On March 22nd, 2022 the Environmental Conservation Committee of the New York State Assembly voted to pass bill A7389C. This would enforce a 2 year period where no Bitcoin or cryptocurrency mining may be conducted in the state by electric generating facilities (power plants).  The provided reasons for the ban

The Lightning Network is a layer 2 solution which provides instant peer-to-peer payments for almost no cost on top of the Bitcoin network. When comparing the Bitcoin network to the current banking network, one may think of Bitcoin as SWIFT or Western Union while Lightning is more akin to Visa