'Mecca of mining': Brazil considers zero tax on green Bitcoin mining
A Brazilian legislator has proposed a zero-tax on crypto mining imports and operations in the country if they use renewable energy sources.
Source: cointelegraph.com
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Brazilian Congress calls for tax exemption on "green" crypto mining activities
Brazil considers exempting tax on “green” bitcoin mining activities and all cryptocurrency mining rigs, as the South American country prepares to become a “Mecca of mining.”
Source: banklesstimes.com
Saudi Aramco discards 'false and inaccurate' rumours on Bitcoin mining -
Saudi Arabia’s largest oil exporter has denied any involvement in Bitcoin mining, but it continues to invest in blockchain-related enterprises. Last year, the Saudi Arabian Oil Startup (Saudi Aramco) piqued crypto enthusiasts’ curiosity by investing $5 million in Vakt, a blockchain-based oil trading company. Saudi Aramco was rumoured to be mining Bitcoin (BTC) as part of this move, which was intended to digitise and speed post-trade processes. Saudi Arabia’s state oil business, on the other hand, issued an official statement denying the persisting rumours about Bitcoin mining. It read: ...
Source: techstory.in