Tag: kentucky

May 09 2022

Home Sold For Bitcoin In Louisville, KY For The First Time

A home was purchased for $65,000 in bitcoin making local history as the first real estate transaction with the peer-to-peer currency in Louisville, Kentucky.The first real-estate transaction using bitcoin in Louisville, Kentucky was recently completed. The purchase took about eight seconds and cost $0.70 in transaction fees.The owner and president of Millennial Title Company believes...

Nov 07 2021

Crypto Corner: The Sports Slice

Teams, leagues, and athletes across nearly every sports vertical you could think of are finding new partners with crypto firms. Each week, we bring a surface-level look at all things crypto and sports over the past seven days. Brooklyn Nets player Kevin Durant is forming a new investment vehicle. The UFC wants more, and is furthering their crypto relationships. And FTX is making...

Jun 30 2021

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.North American bitcoin mining company Blockware Mining today announced that it has raised over $25 million in a second oversubscribed funding round,...

Mar 26 2021

Kentucky Governor Signs Bitcoin Mining Incentive Bill Into Law

A new law in Kentucky will provide tax exemptions to cryptocurrency mining operations and attract them to the state.The governor of Kentucky, Andy Beshear, has signed a bill meant to incentivize cryptocurrency miners to set up shop in the state into law. The new law “provides sales and use tax exemptions on the tangible personal property directly used...

Mar 03 2021

Kentucky Lawmakers Approve Bitcoin Miner Incentive Bill

Kentucky legislators have approved a bill that would offer tax incentives to bitcoin miners that set up shop in the state.An overwhelming majority of lawmakers in Kentucky has just approved a bill that seeks to make the state a very attractive option for bitcoin mining operations. The primary bill to receive approval,...

Jan 11 2021

Kentucky Bill Seeks to Lure Crypto Miners With Tax Breaks

Jan 11 2021 Published at CoinDesk under tags  kentucky mining news policy & regulation tax

Reps. Rudy and Freeland's bill would exempt crypto miners from paying either Kentucky sales or excise tax.

Know a good blog/source that is not listed? Contact us or fill the form below to add one: