HONG KONG, CHINA - FEBRUARY 15: Pedestrians walk past a display of cryptocurrency Bitcoin on February 15, 2022 in Hong Kong, China. Cryptocurrencies are gaining popularity worldwide as investors seek to diversify into the new asset class despite wild swings in the valuations of assets like Bitcoin and Ethereum in the first weeks of the year. Buying and selling crypto is becoming common in many places, like Hong Kong, where regulators have so far avoided using a heavy hand to manage crypto platforms.
Today, we hear from the New York Times’ Jeanna Smialek and Politico’s Sudeep Reddy about the February jobs report, the future of energy sanctions on Russia and more of this week’s weekly news.
Pressure to stop buying Russian energy builds
by Amy Scott
Lionel Bonaventure/AFP via Getty Images
Europe and the U.S. have not ruled out bans on oil and gas purchases. For some countries, ending imports would be harder than for others.
UK accused of dragging its feet over sanctions on Russian oligarchs and of failing to clean up the “London laundromat”
Paul Gilham/Getty Images
Despite billions’ worth of assets in London owned by Russian oligarchs, only a handful have been formally sanctioned by the U.K.
How bitcoin mining works
by Matt Levin
Lars Hagberg/AFP via Getty Images
Ingredients: Tens of thousands of powerful computers, enough energy to power all of Poland. Yield: More than $30 million in newly minted bitcoin every day.
Apple
Spotify
Amazon
RSS
