2022-12-24 15:27 |
The Russian Parliament is delaying the passing of the recently proposed crypto mining bill, citing capital flight risks.
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A Paraguay crypto bill focused on taxation and crypto mining has been tabled by lawmakers. The bill would have established electricity cost caps for mining. The post Paraguay Crypto Bill Axed by Lawmakers, Cheap Bitcoin Mining Prospects Disappear appeared first on BeInCrypto.
2022-12-7 08:47 | |
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The bill to suspend crypto mining for three years is gaining steam in New York State, while the state’s environmental agency determines how much mining impacts the environment.
2022-3-5 06:58 | |
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The Senate of Paraguay has passed a bill that will regulate the trading and mining of cryptocurrencies in the country. Paraguayan Senator Fernando Silva Facetti, one of the three authors of the bill, confirmed this on Twitter, saying Paraguay’s Chamber of Deputies will discuss the bill next year.
2021-12-19 18:26 | |
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The Senate of Paraguay has passed a bill on Thursday that aims to regulate cryptocurrency mining and trading in the country. Bill Seeks To Regulate Crypto Trading On Thursday, the Senate of Paraguay enacted a law aimed at regulating Bitcoin and cryptocurrency trading and mining in the country.
2021-12-18 03:09 | |
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Crypto winters are one of the greatest fears of crypto investors and are predicted to occur in four-year cycles, with the previous cycle occurring in 2018. Moving forth to the year 2021, this phenomenon is believed to have commenced in early November 2021, where massive selloffs of Bitcoin and Ethereum took place as a result of a collective of negative catalysts such as the US Infrastructure Bill, China’s clampdown on Bitcoin mining and the emergence of the Omicron Covid variant, just to name a few.
2021-12-14 13:00 | |
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Russia wants to provide regulatory clarity for the industry and gather a cut from the miner's profits by operating there.
2021-11-12 22:04 | |
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With this report on virtual currencies and global competitiveness, the idea is to strengthen U.S.’s role globally, and crypto can play a critical role in that. The post New Bill Calls for the Treasury Department to Submit a Report on Foreign Crypto Usage and Mining first appeared on BitcoinExchangeGuide.
2021-9-29 20:07 | |
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A pair of US Senators recently announced a new bipartisan bill which would improve the oversight of foreign crypto mining facilities. The post US Senators Introduce Bill to Track Foreign Crypto Mining appeared first on BeInCrypto.
2021-9-29 06:57 | |
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The uncertain language — intentional or not — of the infrastructure bill poses an existential threat to the U.S. Bitcoin mining industry.
2021-8-30 16:11 | |
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Senators Rob Portman and Mark Warner proposed an amendment on Thursday to the crypto tax reporting rule that was tabled days earlier by the senate infrastructural bill’s cryptocurrency provision. The new amendment states briefly that the proposed reporting requirements exclude proof-of-work mining as well as the sale of software and hardware that support hot and […]
2021-8-7 16:55 | |
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A proposed bill for regulating Bitcoin in Paraguay would require mining licenses and establish investor protections.
2021-7-15 01:14 | |
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After El Salvador, Paraguay is taking essential steps towards regulating cryptocurrency by introducing a new bill developed by Congressman Carlos Rejala and Senator Fernando Silva Facetti. While Rejala’s party only holds two seats in Congress, Facetti is a leader in one of the main opposition parties in the country, the Authentic Radical Liberal Party, which […] The post Paraguay’s Proposed Bitcoin Bill to Regulate Cryptocurrency Trading and Mining first appeared on BitcoinExchangeGuide.
2021-7-15 19:34 | |
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Iran has recently started making a number of moves to take crypto mining under control. After a recent bill that threatened to ban all foreign-mined cryptocurrencies, the country has now once again ordered its local miners to stop production immediately.
2021-7-7 12:27 | |
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Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange market.
2021-7-4 19:30 | |
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In what might be yet another door slamming shut to the use of cryptocurrencies including bitcoin for payments in mainstream commerce, Iranian lawmakers have drafted a bill dubbed “Support for Cryptocurrency mining and organizing the domestic market for exchanges” that will bar cryptocurrency payments throughout the country.
2021-7-3 21:21 | |
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Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments.
2021-7-3 19:32 | |
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In its memorandum of opposition, the union said New York “should be embracing” crypto as it is “likely to be adopted” by traditional financial institutions and national governments in the near future.
2021-6-13 18:04 | |
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The NY state assembly needs to approve any bill or propose amendments before it can be signed into law by Governor Andrew Cuomo.
2021-6-12 22:15 | |
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El Salvador passed a bill making Bitcoin legal tender this week, putting it on equal footing with the country’s official national currency, the U. S dollar. While this was celebrated as a victory for Bitcoin, the International Monetary Fund (IMF) has since voiced its concerns with the move.
2021-6-11 15:00 | |
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New York authorities have soft-pedaled on the move to completely ban bitcoin (BTC) mining activities in the state via bill 6486 proposed by Senator Keven Parker earlier in May 2021. The bill has now been amended to allow only bitcoin mining operations powered by renewable energy to operate in the state. New York Bitcoin MinersRead More
2021-6-11 18:00 | |
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New York state senators walked back portions of a bill seeking to pause bitcoin mining, now attempting to block only carbon-based operations.
2021-6-10 19:34 | |
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Ray Dalio discussing his bitcoin investment, Texas pushing through a bill that provides legal framework, and more in this weekly update.
2021-6-1 00:51 | |
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A new bill has been introduced in the New York State Senate that proposes to halt Bitcoin (BTC) mining for three years while researchers will be assessing its impact on the environment. The post Miami mayor says New York’s plan to halt Bitcoin mining is a step in “wrong direction” appeared first on CryptoSlate.
2021-5-5 13:00 | |
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Bitcoin’s rallies have brought the crypto industry to the fore of financial services, but it has also presented environmental issues. Bitcoin mining has shot up due to increased demand for the world’s oldest cryptocurrency.
2021-5-5 21:39 | |
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Bitcoin’s electricity bill has been attracting the attention of regulators worldwide.
2021-4-29 10:43 | |
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Two bills relating to the taxation of the commercial mining of cryptocurrency have been signed into law this week by the Kentucky governor. As per the bill, a new section of KRS 139 has been created, which defines various terms relating to commercial mining of cryptocurrency using blockchain technology and provide sales and use tax […] The post Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law first appeared on BitcoinExchangeGuide.
2021-3-27 17:17 | |
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A new law in Kentucky will provide tax exemptions to cryptocurrency mining operations and attract them to the state.
2021-3-27 20:06 | |
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Kentucky is working on two proposed laws that aim to incentivize cryptocurrency mining. According to public records, there are two bills going through the state’s legislature, one of which is focused on tax incentives, and the other centers around extending the state’s clean-energy incentives to crypto miners if they pass the investment threshold of $1 […] The post Kentucky to Pass Bill to Incentivize Cryptocurrency Mining first appeared on BitcoinExchangeGuide.
2021-3-15 16:57 | |
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The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review.
2021-3-5 11:30 | |
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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.
2021-3-4 12:00 | |
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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 | |
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Kentucky needs to attract more crypto mining businesses by offering tax breaks, local lawmakers believe.
2021-3-4 15:38 | |
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The bill, aimed to encourage the crypto mining industry in the state, now goes to the upper house for review.
2021-8-24 13:54 | |
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An anonymous Indian official has said the country’s parliament will soon impose a blanket ban on crypto trading, mining, and investments in the country and give hodlers three-to-six months to liquidate.
2021-2-12 19:00 | |
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The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its […]
2021-1-14 10:30 | |
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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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Two Kentucky lawmakers have submitted a bill incentivizing mining firms to establish operations in the state. The post Kentucky Lawmakers Submit Bill to Lure Crypto Mining Firms Into the State first appeared on BitcoinExchangeGuide.
2021-1-12 18:24 | |
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In Pakistan, a province in Khyber Pakhtunkhwa passed a law that makes cryptocurrencies and mining legal in the region. According to a Provincial Assembly (MPA) member, Dr. Sumera Shams, the move will enable the country to position itself better to compete favorably with the digitized world.
2020-12-5 23:00 | |
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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 | |
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Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk.
2020-8-31 17:19 | |
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Kyrgyz Republic's lawmakers are looking to introduce a taxation bill for cryptocurrency mining which, if passed would make it the first piece of crypto legislation in the country. The bill would amend the Tax Code of the Kyrgyz Republic and bring crypto mining under its tax code.
2020-6-6 21:07 | |
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Bitcoin mining has been the center of recent discussions everywhere, due to the recent block reward halving and its widely discussed implications. Even though mining activities have been seeing a slowThe post Bitcoin mining mentioned in new Kazakhstan's bill; cleared in the lower house appeared first on AMBCrypto.
2020-5-25 19:00 | |
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From popularizing PCs to mining cryptocurrency with your brain waves -- right-wing pastor Steve Cioccolanti adds more grist to the Bill Gates conspiracy mill
2020-4-26 14:10 | |
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Russia may soon have a legal framework for asset tokenization in place following a successful pilot by major mining firm Nornickel
2020-2-18 14:06 | |
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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 | |
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Iran, the US Sanctioned nation is very accommodating to Bitcoin and cryptocurrency mining. However, the latest ratified bill deems crypto trading illegal.
2019-8-10 18:16 | |
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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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A Malta-based seller of bitcoin mining machines is in hot water after failing to refund a customer who complained over high power bills.
2019-8-6 14:15 | |
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Iran‘s government has put an end to months of speculation by ratifying a bill that acknowledges that cryptocurrency mining is a legitimate industry. But another recent bill has thrown a spanner in the works as Iran is still refusing to recognize cryptocurrency trading as lawful.
2019-8-5 14:53 | |
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However, the new law doesn't lift the existing ban on crypto payments inside the country.
Lithuania has imposed a €9.3 million ($10.07 million) fine against local cryptocurrency firm Payeer over sanctions violations, Reuters reported on Wednesday. Specifically, Lithuania’s financial crimes watchdog, the Financial Crimes Investigation Service (FNTT), penalized the regulated crypto company for facilitating the…
A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million.
The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.
Moscow wants to establish an autonomous BRICS payment system, leveraging digital currencies and blockchain in an effort to decrease its dependency on the U.S. dollar. In an interview with the Russian state-owned news agency TASS on Feb. 5, Kremlin aide…
The U.S. government tagged a number of bitcoin and ether addresses as being tied to the LockBit ransomware group, which was taken down on Monday.
The confirmation comes as tensions between the United States and China continue to rise.