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The Kentucky Public Service Commission approved a special contract allowing a cryptomining facility in Pike County to receive discounted electricity from Kentucky Power, even though the utility won’t have the capacity to meet existing customers’ demand in 2026.
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Cryptocurrency mining is a burgeoning industry that investors see as a cutting-edge economic opportunity. But critics say it’s compounding the world’s preeminent crisis – climate change.
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A Republican senator from Perry County intends to enact legal protections for virtual currencies and investments — as well as establish special purpose banks serving those markets — to position Kentucky as a contender in the cryptocurrency space.
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The DOJ calls this "the government's largest-ever seizure of cryptocurrency in the terrorism context." It also seizes websites ISIS allegedly used to sell fake face masks during the pandemic.
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The Securities and Exchange Commission has sent dozens of subpoenas in recent months to cryptocurrency companies that promote "initial coin offerings."
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Wired magazine calls Kingdom Trust of Murray a crypto industry ‘go-to-option’ for holding digital coin. The article said the 60-person boutique company…