As various sectors of the global economy keep making serious efforts to reduce their carbon footprints, Montana-based Madison River Equity LLC is putting preparations in top gear to install a 1,600-acre, 300-megawatt solar facility that could transform the city into a global bitcoin (BTC) mining hub, and provide thousands of…
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Aisshwarya Tiwari
on
May 23, 2021 Bitcoin
A franchisee of Domino’s Pizza in the Netherlands has offered to pay its employees in bitcoin (BTC) from Bitcoin Pizza Day.
Domino’s Pizza in the Netherlands Offers to Pay in BTC
In what comes as a rather well-timed development, a Domino’s Pizza franchisee in the Netherlands is offering to pay its employees in bitcoin. Notably, staff taking up the offer will have the freedom to choose how much of their salary above the minimum wage – which is supposed to be paid in euros by law – they want to receive in BTC.
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Dalmas Ngetich
on
March 17, 2021 Regulation
Sygnum–a digital asset bank with operational licenses in Switzerland and Singapore, is offering a 0.75 percent annual yield on its stablecoin, the Digital CHF (DCHF), a press release on Mar 16 reveals.
The bank is launching a 3-month Digital CHF (DCHF) fixed-term deposit product in a Swiss negative interest rate environment.
Sygnum is Trailblazing
To earn positive yields, CHF holders must convert their fiat to DCHF through Sygnum’s integrated account. Here, owners can buy DCHF, BTC, ETH, and a range of other digital currencies using CHF, USD, SGD, and the Euro.
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Dalmas Ngetich
on
March 5, 2021 Bitcoin
In the first pilot project in Thailand’s entertainment scene demonstrating virtual currencies’ potential, Major Cineplex Group is collaborating with Zippex and RapidZ.
Clients can now buy movie tickets using Bitcoin and digital cryptocurrencies, adapting to the “new normal lifestyle,” local news outlet
Siam Rath on March 5 reports.
Thailand’s Crypto Players Join Hands to Spur Adoption
Major Cineplex Group is the largest movie theatres operator in Thailand, while Zippex is an established crypto exchange. On the other hand, RapidZ is a digital exchange management system provider with a presence in South East Asia.
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by
Anthonia Isichei
on
March 4, 2021 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 Bill 230, which sought to remove taxes on electricity purchased for commercial cryptocurrency mining activities.
The bill saw a vote of 19-to-2, which meant that lawmakers were in favor of the proposal. Meanwhile, the purpose of the tax exemption is to attract crypto miners to the state and encourage the growth of the industry.