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Nalezeno "Benefits": 376

Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits


Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to the deputy head of the single currency area’s monetary authority. The official noted that while most of the tightening has been done already, more rate increases are to come. Euro...

Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus


Bitcoin mining company Terawulf has announced the full deployment of its 50-megawatt (MW) stake in the nuclear-powered Nautilus Cryptomine facility. The behind-the-meter bitcoin mining facility is powered by 100% nuclear power and benefits from a fixed power cost of $0.02 per kilowatt-hour (kWh)...

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025


Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such as mining and trading. Belarus...

Exploring the potential benefits of participating in crypto airdrop campaigns


Cryptocurrency airdrops have emerged as one of the favorite marketing tactics for new blockchain projects, helping onboard users with the prospect of free tokens.  Airdrops are when crypto projects send free tokens to users’ wallet addresses in return for performing a specific task. These tasks...

Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies


The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability”...

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