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The bill proposes a sales tax exemption for miners that would apply to their utility bills. If passed, Oklahoma would tax crypto mining operations “in a manner similar to historical forms of manufacturing or industrial processing,” two industries that formerly served as the bedrock of the state’s economy. Indeed, Montgomery’s
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When you think of a crypto-friendly U.S. state, Washington is hardly the first to come to mind. Yet, a lot has been happening on the ground in the Pacific Northwest lately. Washington Governor Jay Inslee signed a bill, SB5544, into law on March 30. The new legislation creates a working
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Three years and one veto after it was first proposed, Washington state Governor Jay Inslee has signed a bill into law today that aims to expand the state’s adoption of blockchain technology across various financial and industrial sectors.The law saw Governor Inslee order the formation of the Washington Blockchain Work
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The Government of Maharashtra, one of India's state governments, has started issuing caste certificates over the Polygon blockchain to citizens residing in Etapalli village, Gadchiroli district, as a part of the Digital India campaign. In partnership with LegitDoc, a blockchain-based application, the Maharashtra state government is in the process of rolling
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Florida governor, Ron DeSantis explained at a press conference on Tuesday that he’s spoken with state agencies and told them to figure out ways for businesses to pay tax with cryptocurrencies. During the signing ceremony for a bill focused on financial literacy, DeSantis said that the government is working on
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It's been a rollercoaster year for Bitcoin and Ethereum mining: Here is what the data shows. Source
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The bill aims to put in place a two-year moratorium on the kind of crypto mining used to secure the Bitcoin network. Source
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The Malaysian Ministry of Communications and Multimedia (KKMM) is reportedly backing the adoption of cryptocurrencies, with the deputy minister calling the government to legalize crypto.Deputy communications and multimedia minister Datuk Zahidi Zainul Abidin has urged Malaysia’s regulators to legalize certain use cases of cryptocurrencies and nonfungible tokens (NFT), local news
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Prince Philip of Serbia and Yugoslavia says that bitcoin is freedom. Noting that “we need to take the money away from the state,” the prince stressed: “We need to have hard money again. We need to have good quality money that’s not subject to inflation.” Prince Philip of Serbia Praises Bitcoin Prince
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Before his appointment by the Blockchain Association, Olsen served as senior vice president of state government affairs for the Internet Association, a since-dissolved lobbying group based in Washington, D.C. that advocated for Web 2 companies including Alphabet's (GOOG) Google, Microsoft (MSFT) and Facebook (FB), now Meta. Original Source
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