🇺🇸 Ohio Passes Pro-Crypto Bill
Ohio has just approved a groundbreaking pro-crypto bill that could position the state as a national leader in digital asset regulation. Key highlights of the legislation include:
✅ Crypto Payments: Residents are allowed to use cryptocurrencies for payments.
✅ Self-Custody: Legal protection for individuals using self-custodied (cold) wallets.
✅ Home Mining: Permitted under lawful conditions.
✅ Industrial Mining: Allowed in designated industrial zones if compliant with regulations.
✅ Tax Relief: Capital gains tax exemption on transactions under $200.
✅ Regulatory Exemptions: Miners, stakers, and node operators are exempt from certain financial regulations.
📌 If signed by the Governor, Ohio will become one of the first U.S. states to provide clear and friendly crypto regulations — paving the way for innovation and investment in the blockchain sector.
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⚠️ Information is for reference only. Always do your own research before investing.
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