TagGeorgia

Forget NYC: Amazon Should Invest HQ2 Money in Rural Georgia

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The small town of Toomsboro, Georgia has been on sale for a while now and is attracting some attention after an article noted that its $1.7 million list price was comparable to the cost of a single-family home in California's San Francisco Bay area. Given that Amazon shelved its plans for the other half of HQ2 after being kicked out of New York City, Jeff Bezos and company should take the...

Netflix Revenues Soar and These Georgia Lawmakers Want a Piece with 'Streaming Tax' on Citizens

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Georgia lawmakers worry that rural residents don't have suitable access to Internet services. Their solution is to tax people who enjoy streaming services like those offered by Netflix, Amazon, and Hulu. The motivation for the idea may be based on fairness, but it’s already stoking concerns that politics are at play. Referred to as a digital goods and services tax, the idea is being proposed by...

Georgia State Senator Arrested for Lying about 'Stolen' Crypto Mining Equipment

  Michael Williams, a state Senator from Georgia, has turned himself over to authorities after he was accused of insurance fraud. Williams, who co-introduced the Senate Bill 464—which aimed to compel the state's revenue authority to receive cryptocurrency as payments for taxes—was charged by a Hall County grand jury on December 18 after an investigation was carried out by the Georgia Bureau...

Abkhazia Eyes Crypto Mining Regulations amid Fears of Winter Power Shortages

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A state-run energy company in Abkhazia is calling for the regulation of cryptocurrency mining activities to avoid the partially recognized republic being plunged into darkness this winter. According to Eurasianet, the cryptocurrency mining farms in Abkhazia, which are mostly located in abandoned Soviet factories, are guzzling a significant amount of electricity. As a result, it is feared that the...

Bullish on Blockchain: Georgia Universities to Offer Fintech Degree Programs

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The University System of Georgia (USG) announced the launch of a state-wide fintech academy on on Sept. 11. It is the largest education effort of its kind in the United States. While individual universities have offered blockchain courses, such as Stanford and NYU, Georgia is opening the program to all current students across all colleges in the state's public university system. Additionally...

Robinhood Opens Cyptocurrency Trading to Georgia Residents

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Robinhood, a commission-free stock trading platform, announced that residents in the state of Georgia can now invest in cryptocurrency through the app. Users in Georgia can now trade bitcoin, bitcoin cash, ethereum, litecoin, and dogecoin. Residents should have the option to trade coins in their Robinhood app without changing any settings. Robinhood, which started as an easy, no-fee way for...

A New Georgia Bill Could Allow Residents to Pay Taxes with Bitcoin

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Georgia has become the latest US state to consider allowing its residents to pay their taxes using Bitcoin and other cryptocurrencies. Senate Bill 464, which was introduced on Feb. 21 by Republican state senators Michael Williams and Joshua McKoon, aims to amend Georgia’s laws regarding tax payments to compel the state’s revenue commissioner to accept cryptocurrencies as payments for taxes and...

Republic of Georgia to Introduce Blockchain Platform for Real Estate Documents

The country of Georgia is set to introduce and implement a blockchain platform that will enable citizens to receive information about real estate digitally from documents stored on the distributed ledger. Announced last month by Georgia’s Minister of Justice Tea Tsulukiani, the blockchain platform will be put to use this year, in 2017.   In quotes reported by regional publication CBW, the...

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