The U.S. Treasury continues its campaign to accelerate hyperbitcoinization. Last week, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against BitRiver AG and ten of its Russia-based subsidiaries. The sanctions are not intended to stop Russia from mining cryptocurrency, but to address Russia’s ability

With claims to prevent “unproductive outflow of capital,” the National Bank of Ukraine (NBU) is focussing their efforts on stabilizing the country’s foreign exchange market. Their announcement clarifies the lengths that are required from the bank and the citizens of Ukraine. Ukrainian citizens are still able to purchase Bitcoin,

The International Monetary Fund (IMF) is calling on global policymakers to begin developing new standards for cryptocurrency. The financial institution is particularly concerned about heightened tensions between Ukraine and Russia.  In its Global Financial Stability Report, IMF addressed the increase of downside risks amid Russia’s invasion. There is a

The European Union (E.U.) is currently grappling with the best way to shape regulation around Bitcoin and cryptocurrencies as they continue to gain adoption. Most notably are the E.U.’s attempts to pass legislation that aimed to ban Proof-of-Work mining due to environmental concerns. Last month, all mentions

Austrians have an appetite for more Bitcoin ATMs according to MediaMarkt, a German electronics retailer that had a successful Bitcoin ATM pilot. "MediaMarkt stores across the country have been equipped with Bitcoin vending machines. In total, these are now present in twelve large shopping centers and enable the simple

On April 20th, 2022 Taiwan Semiconductor Manufacturing Company (TSMC) announced that they have recently raised $3.5 billion in bonds to grow their facility in Arizona. The company’s plant is still under construction to meet the world’s high and growing demand for electronics. TSMC is a major supplier

The Cosmos Asset Management’s Bitcoin ETF will be listed next week on the Cboe trading platform in Australia and is the first Bitcoin ETF available in Australia. The Bitcoin ETF will invest in Canada’s Purpose Bitcoin ETF that went live last year. In order for the ETF to

Tether and Bitfinex Chief Technology Officer (CTO) Paolo Ardoino is a full-stack developer and computer scientist. In 2014 he started working for Bitfinex as a senior software developer and was later promoted to Chief Technology Officer within his first two years of working for the company. Ardoino recently attended the