$BTC $ETH $BNB #GENIUSActPass #DAOBaseAIBinanceTGE #FOMCMeeting #SparkBinanceHODLerAirdrop #BinanceAlphaAlert According to Cointelegraph, Ohio's HB 116 bill on 'Bitcoin Rights' has been passed by the House Technology and Innovation Committee with a vote of 13-0.

Main content of the bill:

  1. Protecting the right to self-custody

    • Users are protected by law when self-custodying crypto assets

    • Ensuring the legality of mining activities and operating nodes for both individuals and businesses

  2. Tax incentives

    • Exemption of $200 capital gains tax for digital asset transactions

    • Aiming to create a clear and friendly legal environment for the crypto industry

Significant implications:

  • Ohio becomes the latest state in the U.S. to promote a crypto-friendly legal framework

  • The bill reflects the trend of recognizing and protecting citizens' rights to digital asset ownership

  • Laying the groundwork to attract blockchain and mining businesses to the state