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Washington State Utility Increases Power Rates for Bitcoin Mining

Due to Grant County’s lower power cost that comes from the local hydroelectric plant, many cryptocurrency mining operations have flocked to Washington state. However, their luck is bound to change as the Grant County Public Utility District (PUD) recently announced a rate hike for electricity used by cryptocurrency mining farms by as much as threefold, the International Business Times reported...The post %%POSTLINK%% appeared first on %%BLOGLINK%%. дальше »

2018-9-7 15:00


California Legislature Says Yes To Blockchain Bill Defining Crypto Terms

A draft law has been recently approved in California. The new law was designed to create the legal grounds for the implementation of technology related to cryptocurrencies. Called Assembly Bill 2658 and amends the California Corporations Code, Government Code and Civil Code to legalize the blockchain technology in the state for local and foreign commerce. […] дальше »

2018-9-4 13:57


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California Passes Bill Defining Blockchain and Crypto Terms

A draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […] The post California Passes Bill Defining Blockchain and Crypto Terms appeared first on Bitcoin News. дальше »

2018-9-3 14:05


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Indian Authorities Nab High-Profile Bitcoin Scammers

As India still remains uncertain regarding its regulatory framework for digital currency operations, a number of high-profile fraud cases involving Bitcoin have come to light. Police authorities from the Indian State of Chandigarh recently arrested Amit Bharadwaj for his role in a multicrore Bitcoin scam, reports local publication The Indian Express. дальше »

2018-8-27 04:00


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Queensland Backs Cryptocurrency Point-of-Sale Project for Tourism

The Queensland government in Australia is backing a cryptocurrency point-of-sale system that officials believe will help boost tourism throughout the area. Thus far, they have given over $8 million in Australian dollars ($6 million USD) to roughly 70 different companies that will work to inspire innovation and create new ideas within the region’s travel space. дальше »

2018-8-2 00:27


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Indian Authorities Turn to Blockchain Technology to Eliminate Corruption

Indian authorities are planning on utilizing blockchain technology to combat cases of corruption and property fraud. Amaravati city farmers and local landowners are worried that corruption is in play in the state’s land-pooling process as some have yet to receive compensation from the government for their bartered assets. дальше »

2018-7-21 14:59


Russian Crypto Owners and Bitcoin Miners Will Not Create Diffferent Tax Laws

Russia Will Not Create Separate Laws For Bitcoin Owners And Cryptocurrency Miners While speaking with the local media, Anatoly Aksakov, the head of the Financial Markets Committee in Russia’s state Duma, stated that the government does not have plans to create any separate tax frameworks for crypto. According to him, people who get money from […] дальше »

2018-7-19 09:55


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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 дальше »

2018-7-19 07:34


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Russia: Bitcoin Owners and Miners Will Not Face ‘Separate’ Tax Laws

Russia will subject owners and miners of cryptocurrency to all existing tax obligations from Autumn, authorities hinted July 18. Aksakov: No ‘Separate’ Treatment For Crypto Speaking to local news outlet Izvestia, Anatoly Aksakov, head of the financial markets committee at Russia’s state Duma, said there were currently no plans to draw up “separate” tax frameworks solely for cryptocurrency. дальше »

2018-7-19 01:00


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Korean Blockchain Association Gives 12 Local Cryptocurrency Exchanges Clean Bill of Health, Insurance on the Horizon

In a bid to improve the security level and general standards of cryptocurrency exchanges in South Korea, after a series of hacks and heists rattled the local cryptospace, the Korean Blockchain Association (KBA) formulated a set of stringent guidelines that would govern exchanges and crypto-related projects in the state. дальше »

2018-7-17 20:00


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South Indian State of Kerala Uses Blockchian Technology in Food Supply and Distribution

The government of the South Indian state of Kerala will use blockchain for food supply and distribution, local news outlet Business Standard reported June 17. Chairman of K-DISC, KM Abraham, told Business Standard that each component of the supply network would have a separate ID number, through which its source, production, quality, and distribution could дальше »

2018-6-19 23:19