Gulf Binance Receives Digital Asset Operator License for Expansion into Thailand
Group Gulf Binance, which combines the world's largest cryptocurrency exchange and the company Gulf Innova, announced that it has successfully received a license of digital asset operator from the Ministry of Finance of Thailand. The crypto exchange plans to begin operati ...
Sweden Cancels Tax Breaks for Miners, Increases Electricity Tariff for Cryptocurrency Mining
The Government of Sweden recently announced its plans to cancel tax breaks for miners and significantly increase the electricity tariff for cryptocurrency mining by 58 times. The cost of electricity for mining will go from $0.0006 to $0.035 per kWh, and the benefits will be lifted starting in Jul ...
Belarus Extends Tax Breaks for Cryptocurrency Companies Until 2025
The tax breaks for cryptocurrency companies in Belarus have been extended until January 1, 2025, as per a decree signed by President Alexander Lukashenko. The new decree not only prolongs the effect of tax benefits, but also outlines a plan for the development of the digital tokens sector in the ...