Republic of Georgia Exempts Cryptocurrencies From Value-Added Tax
Cryptocurrencies are now exempt from value-added tax in the Republic of Georgia Go to Source Powered by WPeMatico
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Real Estate Registry on Blockchain: Promise Land or Wishful Thinking?
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
Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
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
Georgian Gov’t, IOHK Partner to Develop Blockchain in Education, Ministry Services
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
PR: Bitcoin Depot Adds 30 Bitcoin ATMs in Chicago With Zero Fees
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
Wine, Mountains, and Mining Rigs: Georgia as a Crypto Powerhouse
With a population of just 3.7 million, this nation is second only to China in crypto mining Go to Source Powered by WPeMatico
Abkhazia Temporarily Shuts Down 15 Mining Farms
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
US Senator Reports to Jail Pending Verdict in Cryptocurrency Fraud Case
$300,000 crypto fraud case involving Georgian state senator set to see prosecution evidence Go to Source Powered by WPeMatico
Two Mining Companies Among Georgia’s Major Electricity Consumers
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
The Daily: Belgium Blacklists More Crypto Platforms, UAE Prepares ICO Regulations
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