Kentucky Offers Tax Exemption to Attract Crypto Miners

2021-3-4 12:00

Lawmakers in the U. S. state of Kentucky recently approved a bill that would exempt cryptocurrency miners from paying taxes. Crypto Mining Tax Exemption Bill Receives Majority Support According to local news outlet the Lexington Herald-Leader on Tuesday (Mar. origin »

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Источник: Cripyo.news

miners bill → Результатов: 20

Kentucky Legislators Approve A Bill To Offer Tax Breaks For Crypto Miners

After a 19 to 2 vote, Kentucky legislators voted in favor of a bill likely to attract crypto miners to the state. On Tuesday Kentucky House budget committee okayed House Bill 230, which proposes tax breaks to crypto mining businesses that open their shop in the state of Kentucky.

2021-3-4 21:28	Legal & Regulation
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Kentucky bill to provide tax breaks for local crypto miners

Kentucky needs to attract more crypto mining businesses by offering tax breaks, local lawmakers believe.

2021-3-4 15:38	energy consumption
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Kentucky Wants to Be a ‘National leader’ in Crypto Mining, Offers Tax Exemptions

On Jan 8, two legislators in Kentucky have recently submitted a bill that aims to make the US state a very attractive option for cryptocurrency miners in the form of tax breaks. Kentucky Crypto Mining Bill The proposal was submitted to the General Assembly, which would see Bitcoin and other cryptocurrency miners enjoy some taxRead More

2021-1-13 14:00
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Brutal Blow To Miners: Russia’s New Draft Law Will Ban Crypto Completely And Prohibit Miners From Receiving Rewards

The Finance Ministry of Russia has proposed some amendments that could ban cryptocurrency use in the country. The passing of the new draft bill could be catastrophic for the bitcoin miners in Russia as it aims to prevent them from being rewarded in crypto for the work they put in. Russia Proposes New Law That […]

2020-9-4 14:38	xbtusd
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Russia’s Latest Draft Bill Would Still Largely Ban Crypto, Stifle Miners

Russia's Ministry of Finance wants to ban any cryptocurrency payments, which could be bad news for the country's mining farms.

2020-9-4 20:15	Regulation
russia ban could payments cryptocurrency farms bad

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Russian Official: Cryptocurrency Bill Completed — Effects on Payments, Exchanges, Miners

The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will be regulated.

2020-4-5 09:45
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Uzbekistan Plans Massive Hike in Electricity Prices for Crypto Miners

A new bill from Uzbekistan's Ministry of Energy would triple the price of power for miners, raising fears it could stifle the local mining industry.

2019-9-30 15:00
miners uzbekistan raising fears power price plans

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Malaysian Electricity Authority Nab Illegal Bitcoin Miners

Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3. 2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7, 2019.

2019-8-9 17:00
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Abra CEO Bill Barhydt hints at Monero’s native integration to platform

Monero [XMR] made headlines after becoming one of the first digital assets to obfuscate users’ identities, while also offering secure and faster transactions. The decentralized cryptocurrency recently recorded a value correction, following a botnet attack which was used to mine XMR worth $250,000.

2019-6-15 01:00	monero
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VeriBlock’s Bitcoin-Backed Security Protocol Goes Live

After a year on its testnet, the VeriBlock blockchain went live yesterday on the Bitcoin mainnet, allowing exchanges, wallet providers, merchants and other crypto businesses to leverage Bitcoin’s robust blockchain security.

2019-3-27 19:35	Privacy & security
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Hive Criticizes Norwegian Government Amid Concession Cuts to Miners

Hive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries.

2019-1-2 12:35
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Russian Parliament Postpones Adoption of Digital Assets Bill

The State Duma, the lower house of Russia’s parliament, has postponed the second reading of a long-awaited bill intended to regulate cryptocurrencies in the country. Lawmakers will review the draft law “On Digital Financial Assets” during the spring parliamentary session next year, the house deputy speaker Sergey Neverov announced.

2018-12-20 21:00
digital assets bill parliament adoption postpones house

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Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill

In today’s edition of The Daily, we look at the effect of cryptocurrency on video gaming, banking laws and popular media. A leading PC manufacturer wants to enable gamers to mine, a U. S. state has passed a bill to create dedicated financial institutions for cryptocurrency startups, and Bitcoin is on TV again.

2018-12-3 16:30	Wyoming
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The Daily: Asus Wants to Turn Gamers Into Miners, Wyoming Advances Crypto Bank Bill

2018-12-3 16:30	Wyoming
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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn

Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin.

2018-11-20 23:08	Adoption & community
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Google mocks miners, says cryptocurrency ‘isn’t real money’

As if it hadn’t already given cryptocurrency enthusiasts enough reasons to hate it, Google has now taken a dig at the usefulness of cryptocurrencies. In a recent advertisement for its call screening service, the search engine giant mocked cryptocurrency’s high electricity consumption – and then went on to say that “it is not real money.

2018-10-10 16:19	hard fork
cryptocurrency money google electricity high character isn

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U.S. Congressman Drafts Blockchain Development Bills

The newly elected co-chair of the Congressional Blockchain Caucus, U. S. Representative Tom Emmer, has introduced a trio of blockchain-focused bills in support of the development and use of blockchain technology and digital assets.

2018-9-22 18:10	Regulation
blockchain bill technology regulatory emmer bills development

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Innosilicon’s Impending ASIC Miner Could Challenge Bitmain’s Dominance

As controversies surrounding Bitmain’s looming IPO spell uncertainty for the future well-being of the mining goliath, competitors are fast to move in on the manufacturer’s territory.

2018-9-21 01:04	Mining
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Russia: Crypto Miners and Holders Regulated

Cryptocurrency miners and holders in Russia will be regulated under the Internal Revenue Code, local news outlet Izvestiya reported July 18. The Chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov, told Izvestiya that lawmakers are looking to pass the bill on digital financial assets, or cryptocurrencies, during the autumn session of

2018-7-19 07:34
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Blockware Mining Raises $25 Million, Seeks To Triple Hash Rate

Bitcoin mining company Blockware Mining has raised $25 million and plans to triple hash rate capacity and build out Kentucky facilities.

Kentucky Lawmakers Approve House Bill Providing Tax Break for Crypto Miners

The bill, aimed to encourage the crypto mining industry in the state, now goes to the upper house for review.

Kentucky Wants to Be a ‘National leader’ in Crypto Mining, Offers Tax Exemptions

2021-3-4 12:00

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