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The use of the blockchain for real estate requires a fundamental rethinking, otherwise it is hopeless. A researcher from RMIT Blockchain Innovation Hub explained why startups will fail to disrupt if no changes in regulations occur Go to Source Powered by WPeMatico
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation to free crypto-fiat transactions from … Read more
Georgia’s government has signed an MoU with blockchain technology firm IOHK to implement blockchain-enabled projects across business, education and government services Go to Source Powered by WPeMatico
As cryptocurrencies continue to influence the financial service industry and provide users with endless possibilities, bitcoin ATMs have proven to play a critical role in the cryptocurrency adoption process. Bitcoin ATMs convert fiat currency into digital cash, ensuring a seamless transaction experience. The post PR: Bitcoin Depot Adds 30 Bitcoin ATMs in Chicago With Zero … Read more
With a population of just 3.7 million, this nation is second only to China in crypto mining Go to Source Powered by WPeMatico
Authorities in Abkhazia have cut off 15 mining facilities from the territory’s electrical grid. The short-term measure is meant to alleviate power shortages during the cold winter months. The operators of the farms have fully cooperated with the local electric utility. Also read: Two Mining Companies Among Georgia’s Major Electricity Consumers 8,950 kWt of Mining … Read more
$300,000 crypto fraud case involving Georgian state senator set to see prosecution evidence Go to Source Powered by WPeMatico
Two companies mining cryptocurrencies have topped a list of the largest consumers of electricity in Georgia. In this crypto-friendly nation, however, that’s not necessarily a sin or a disadvantage. Energy-intensive enterprises in the Caucasian country purchase the power they need at wholesale prices. Also read: Huobi and Major Russian Bank to Provide Legal Help to … Read more
In this edition of The Daily, Belgium’s financial regulator has expanded its list of fraudulent platforms offering cryptocurrency investments, while UAE has announced it’s working on new ICO regulations. We also look at the plans for a common digital currency in the Eurasian Economic Union and Abkhazia’s intentions to regulate its growing crypto mining industry. … Read more
A new cryptocurrency mining facility opened in Armenia on Oct. 18. The $50 million farm will extract bitcoin and ethereum using 3,000 machines, according to local media reports. Around 120,000 more miners are to be added in the months to come. Also read: Marks Jewelers Now Accepts Bitcoin Cash For Payments Multi Group and Omnia Establish … Read more
