#Kentucky News

Kentucky Offers Tax Exemption to Attract Crypto Miners

March 4, 2021 by Anthonia Isichei at Regulation

Lawmakers in the U.S. state of Kentucky recently approved a bill that would exempt cryptocurrency miners from paying taxes. Crypto Mining Tax Exemption Bill Receives Majority Support According to local news outlet the Lexington Herald-Leader on Tuesday (Mar. 2, 2021), the House Budget committee of the Kentucky General Assembly approved...

Man sitting down calculating bitcoin Tax

Kentucky Wants to Be a ‘National leader’ in Crypto Mining, Offers Tax Exemptions

January 13, 2021 by Evan Ezquer at Regulation

On Jan 8, two legislators in Kentucky have recently submitted a bill that aims to make the US state a very attractive option for cryptocurrency miners in the form of tax breaks. Kentucky Crypto Mining Bill The proposal was submitted to the General Assembly, which would see Bitcoin and other...

U.S.: Kentucky Finalizes Creation of Blockchain Working Group

April 26, 2020 by Aisshwarya Tiwari at Regulation

The U.S. state of Kentucky has decided to move ahead with a legislative effort that seeks to create a working group focused on blockchain technology. This, according to the Kentucky General Assembly website, April 26, 2020. Kentucky Greenlights Blockchain Working Group In the latest regulatory push for distributed ledger technology...