Legislation

Continuously expanding surveillance on financial transactions has no place in Bitcoin.

A new law in Kentucky will provide tax exemptions to cryptocurrency mining operations and attract them to the state.

Kentucky legislators have approved a bill that would offer tax incentives to bitcoin miners that set up shop in the state.

Belarusian President Alexander Lukashenko has suggested the country begin mining bitcoin with its nuclear power. What could this mean for the world?

Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance.”

A bill proposed by the Texas legislature will require that all receivers of cryptocurrency in regular transactions verify the identity of the cryptocurrency sender before accepting any payment.

The current approach is a logistical “nightmare" for cities, the state and legal marijuana businesses, says the group. Paying taxes in cryptocurrencies like bitcoin could be a solution.

The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February.

The British government has recently released a policy paper clarifying the tax laws on crypto assets.

The National Assembly in France has recently shot down proposals to ease up the pressure on tax regulations in the crypto space.