Kentucky


Policy

As One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray

Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.

Maryland Welcome sign

Policy

Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners

Kentucky’s Public Service Commission is concerned the rates could result in higher electric bills for state residents.

Rig de minería cripto. (South_agency/Getty Images)

Tech

Blockware Solutions Builds 20MW Bitcoin Mining Data Center in Kentucky

The facility has potential to be expanded to 75MW.

Blockware Solution's Kentucky data center. (Blockware Solutions)

Policy

Kentucky Issues Cease-and-Desist Order Against Celsius Network

The state is the fourth to take legal action against the crypto lender.

Celsius CEO Alex Mashinsky (CoinDesk archives)

Videos

How the Crypto Crackdowns in China and US Are Different

China's central bank outlawed all crypto trading activities effective Friday as U.S. federal regulations are also increasingly coming into focus. What are the similarities and differences between the U.S. and China's crypto crackdowns? "[U.S. regulators] are trying to implement an actual regulatory regime ... that's a far sight from declaring transactions illegal entirely, and it does not look like the U.S. is heading down that path," CoinDesk's Nikhilesh De said. Plus, Kentucky ordered crypto lender Celsius to stop offering accounts in the U.S. state.

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Markets

Kentucky Orders BlockFi to Stop Signing Up New Interest Accounts

Kentucky is the fifth state to allege BlockFi Interest Accounts are securities.

CoinDesk placeholder image

Finance

Blockware Raises $25M to Expand Bitcoin Mining Operations in Kentucky

The mining firm will use the funding to buy 14,000 rigs – 8,000 for itself and 6,000 to sell.

Bitcoin mining rigs

Markets

Kentucky Governor Signs Tax Breaks for Crypto Miners Into Law

The commonwealth wants to become a hub for energy-heavy businesses like crypto mining.

Theater sign in Lexington, Kentucky

Videos

Kentucky Approves Bills Incentivizing Crypto Mining

Move aside, coal miners. Could crypto miners soon be taking over Kentucky? Two proposed bills that would provide energy and tax breaks to crypto miners have received final approval from Kentucky's state legislature. "The Hash" panel weighs in on where this fits into the state vs. federal crypto debate.

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