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New Plant to Assemble Mining Rigs in Belarus

Mining Plans to build a new manufacturing facility for mining equipment have been announced in Belarus. It will be situated in the Chinese-Belarusian Industrial Park, currently under construction in the “Velikiy Kamen” special economic zone. The plant will be assembling mining rigs with cooling systems utilizing excess heat. Also read: Two Russia

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Three Ways Your ICO Can Overcome FUD in the Market: Expert Take

In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation, and cryptocurrency adoption by different sectors of the economy.If you would like to contribute an Expert Take, please email your ideas and CV to&n

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Coinbase Informs 13K Affected Customers Of Imminent Data Handover To IRS

US-based cryptocurrency exchange and wallet service Coinbase sent an official notice Friday, Feb. 23 to approximately 13,000 of its customers whose information it is legally required to turn over to the US Internal Revenue Service (IRS).The IRS had initially asked Coinbase in July 2017 to hand over even more detailed information on every one of its then over 500,000 users in an attempt catch those

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US: Georgia Next State In Line To Accept Crypto For Taxes, Licenses

The US state of Georgia is the next state in line to possibly accept cryptocurrencies as a valid form of payment for state taxes and licenses, according to a bill introduced on Feb. 21.Senate Bill 464, introduced by Republican state senators, Joshua McKoon and Michael Williams, proposes that “[t]he commissioner shall accept as valid payment for taxes and license fees any cryptocurrency, inc

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Wendy McElroy: Privacy Is the Virtue That Sparked the American Revolution

Featured The Satoshi Revolution: A Revolution of Rising Expectations.Section 2: The Moral Imperative of PrivacyChapter 6: Privacy is a Prerequisite of Human RightsPrivacy is the Virtue that Sparked the American Revolution, Chapter 6, Segment 2A general dissolution of principles and manners will more surely overthrow the liberties of America than the

Gifting Bitcoin Is One Way a Person Can Avoid Paying Crypto-Taxes

Taxes After the newly written U.S. tax laws recently passed, cryptocurrency investors realized the tax-free exemption filing 1031 for IRS reporting is no longer applicable to their digital asset investments. The law also implies that a lot of people will have to pay taxes on every single transaction they processed throughout the past twelve months. H

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Week in Review for February 23, 2018: Sidechains, Stings and Venezuela

In the past week, news from Venezuela was at the forefront, where crypto mining is way up due to cheap electricity. But their stab at launching their own crypto, the Petro, is not looking like a great plan so far.Good news in regulation, however, is coming from the state of Wyoming as the House unanimously passed two pro-blockchain bills, with five more in the pipe.On the technological front, rese

Finance Ministry Employees Caught Mining Cryptos in Kazakhstan

Mining The Ministry of Finance in Kazakhstan has announced measures to improve security and oversight in its IT department after catching four employees mining cryptocurrencies on its servers. Joking that the miners have taken over the central bank’s main duty – money emission, a deputy called for crypto regulations. The National Bank is actually

Montana Scores $250 Million Bitcoin Mining Campus

Featured The Big Sky Country state of Montana keeps raking them in. For the second time this month, a mining operation is announcing its moving to the Butte area. Power Block Coin LLC is reportedly plunking down a quarter of a billion dollars to upgrade existing facilities to mine the world’s most popular cryptocurrency, bitcoin. Also read: Ho

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California Largest State to Recognize Blockchain Records

California millennial Assemblyperson recently pushed a bill to recognize digital signatures and contracts recorded on the blockchain, making California one of several US States using or considering implementing the technology.Millennial Assemblyperson Pushes BillAssemblymember Ian Calderon (D-Cal), who was elected to the state assembly at the age of 27 as the first ‘millennial’

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