Kentucky regulator cancels planned power subsidies for Chinese BTC miner
Ebon International was to invest $50 million in a 250MW mining facility under the promise that the Kentucky Power Company would offer subsidies for the next ten years.
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Kentucky probes electricity discounts to block reward miners
A local environmental group criticized the discounts and urged the state to reconsider, saying Kentuckians will be left stuck with the bill for the BTC miners.
Celsius Network being pursued by regulators in 5 US states over withdrawal freeze
Celsius Network claimed that the freeze was in the interest of its customers, but regulators in Texas, Kentucky, New Jersey, and even the Securities and Exchange Commission are not taking their word.
US states crack down on metaverse project with links to Russia
The Flamingo Casino Club has claimed to be linked to a Vegas casino falsely, lied about donating to Ukraine victims, and hid its previous ties to Russia, authorities said.
Kentucky piles on and issues cease-and-desist order vs Celsius Network
Kentucky has joined New Jersey, Alabama and Texas in booting out digital currency lender Celsius Network, issuing a cease-and-desist order against the firm.
Kentucky’s cease and desist order to BlockFi
Kentucky's Department of Financial Institutions has issued a cease and desist order to BlockFi over its BlockFi Interest Accounts.
Block reward miners get tax breaks in Kentucky
Kentucky Governor Andy Beshear has signed a pair of legislative bills that enable block reward miners to take advantage of tax breaks in the energy-rich Commonwealth.
Kentucky seeks to lure block reward miners with tax and energy incentives
The U.S. state will issue tax and energy incentives to the miners in a move they hope will create jobs and spur economic growth.
Kentucky senator wants green incentives extended to block reward miners
The bill, submitted to the Kentucky state Senate in early March, would work by amending the Energy Independence Act, which has been in force in the state since 2007.
Kentucky legislators unveil plan to attract block reward miners
Representatives Steven Rudy and Chris Freeland submitted a draft bill for consideration, which could see the state introduce measures designed to support block reward mining businesses to set up shop.