
Laos targets $194M in revenue from block reward miners
Laos has licensed six block reward miners, and according to one government official, they should bring in close to $200 million in revenue, 7% of the GDP.
Laos has licensed six block reward miners, and according to one government official, they should bring in close to $200 million in revenue, 7% of the GDP.
Laos wants to remind its citizens that it really doesn’t like cryptocurrencies, and they’re illegal too.
The Bank of Laos cautioned the public to exercise caution when dealing with cryptocurrencies, saying current laws refute cryptocurrencies as payment instruments.