IMF smacks down Pakistan, Thailand goes Bitcoin-native, Erebor emerges from Mordor, and the Bitcoin treasury bubble grows frothy. Also: Tether turns farming energy into hash. News you can use.

Kazakhstan creates a crypto reserve, USDG launches in the EU, and Germany's banks embrace Bitcoin. Plus, Venatí Coffee eyes €1B in BTC and a New Yorker fakes his way into Bitcoin.

Bitcoin enters mortgage risk models, Tether buys into Juventus, and Ripple gets denied by the court. Brussels softens on stablecoins, and Castle brings treasury tools to SMBs. Episode 1123 delivers.

Tether goes Neuralink, Polymarket predicts politics, and Arizona seizes crypto for its Bitcoin fund. MetaPlanet stacks $5B more. The BIS panics. Korea ignores them. That’s Episode 1122 of Bitcoin And . . .