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Kentucky Pushes Mining Tax-Breaks in Bid to Attract Crypto Community


The Kentucky House Budget Committee approved a bill in a 19-2 vote to eliminate the sales tax on electricity for use in cryptocurrency mining operations. The bill, designed to attract more miners to the state, is now in the Kentucky Senate for review. Lawmakers Urge Greater Crypto Appeal Despite...

Justin Sun Denies Bid to Enlist 13.6m-sub YouTuber as Tron ‘Shill’


Marques Brownlee. Source: A video screenshot, Youtube/Marques Brownlee A YouTuber with over 13.6 million subscribers and over 5 million followers on Twitter said he was approached about promoting the tron (TRX) token – a charge which Tron chief Justin Sun has rushed to deny, despite skepticism...

Travel Firm Backed for USD 50m in Bid to Develop ‘Killer DeFi App’


Travel industry player Maps.me has taken the DeFi plunge with a USD 50m fundraising effort it has described as “an investment into the embedded DeFi ecosystem.” In a press release shared with Cryptonews.com, the firm revealed that its backers in the USD 50m drive include the Berkeley and Hong...

Australian Firm to Accept Tether in Sydney Stock Exchange IPO Bid


The Australian capital-raising platform STAX has announced that its client the West Coast Aquaculture Group (WCA) is to become the country’s first business to launch an initial public offering (IPO) that will accept a blockchain-powered token, the stablecoin tether (USDT), as part of...

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