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MARKETS

U.S Treasury Sanctions Russian Bitcoin Miners

Shawn Amick - April 20, 2022

The Treasury department announced sanctions against companies and individuals who enable fiat payments or infrastructure for bitcoin mining in Russia.

BUSINESS

Brazilian Wine Club Now Accepts Bitcoin As Payment On Mobile App

Shawn Amick - April 20, 2022

Brazilian wine club known as Wine is accepting bitcoin as payment on its mobile application and hopes to extend functionality to desktop and mobile sites.

BUSINESS

Maryland Porsche Dealer Now Accepts Bitcoin Payments

Shawn Amick - April 20, 2022

BitPay announced that a Porsche dealer in the Baltimore region is now accepting bitcoin and other cryptocurrencies as payment for its vehicles.

BUSINESS

Russia’s Tax Authority: Let Bitcoin, Crypto Be Used In Foreign Trade

Shawn Amick - April 20, 2022

Russia’s Federal Tax Service proposed a change to the “On Digital Currency” legislation allowing entities to accept bitcoin as payment in foreign trade.

MARKETS

Australia’s First Spot Bitcoin ETF To Launch Next Week

Namcios - April 20, 2022

21Shares is set to become the first issuer to launch a spot bitcoin ETF in Australia after Cosmos announced its de-facto fund of funds.

MARKETS

IMF Publishes Global Financial Stability Report Discussing Bitcoin

Shawn Amick - April 19, 2022

The International Monetary Fund published a report detailing how Bitcoin disrupts the world order, enables sovereignty amid sanctions, and demands regulatory action.

BUSINESS

Silvergate Bank Saw Over $14 Billion in Bitcoin, Crypto Deposited In Q1 2022

Shawn Amick - April 19, 2022

Silvergate saw customers deposit an average of $14.7 billion worth of bitcoin and cryptocurrency to the firm’s platform during the first quarter of this year.

MARKETS

Australia’s First Bitcoin ETF To List Next Week: Report

Namcios - April 19, 2022

The Australian fund would invest in shares of Canada’s first bitcoin spot ETF, launched by Purpose Investments in early 2021.

MARKETS

Allianz Chief Economic Advisor Predicts Bitcoin Going Higher Amid Inflation

Shawn Amick - April 18, 2022

Mohamed El-Erian, Chief Economic Advisor for Allianz, took an interview with CNBC to discuss the rising price of bitcoin, inflation rates, and possible recession.

CULTURE