U.S Treasury Sanctions Russian Bitcoin Miners
U.S. · WORLD · BUSINESS
April 20, 20221 min read272 words
Published: April 20, 2022  |  1 min read272 words
September 13, 2022The United States Treasury Department released a today announcing new sanctions aimed at bitcoin mining in Russia for their ongoing war in Ukraine, as they are the third-largest bitcoin miner in the world to the University of Cambridge.The Treasury department st...
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Great Context
April 21, 2022
This article serves as a stark reminder that even when nations cooperate economically, they can quickly lose their unity in times of armed conflict. The content informs the reader of the hazards behind sanctioned borders. A most interesting observation is the competitive advantage Russia has with their energy production within a cold climate. Perhaps Alaska can partner with Canada and Greenland to directly compete with Russia if the money is adequate.
April 21, 2022
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