‘Buy a Coffee With Crypto’: Ohio Bill With $200 Tax Break Advances to Senate
2025-07-04 05:06:00
Description
Ohio’s HB 116 offers tax exemption on Bitcoin payments under $200 and mining protections. Ohio pursues Strategic Bitcoin Reserve bills, following Arizona and New Hampshire models. Multiple U.S. states and countries move to establish Bitcoin reserves and legal frameworks. The Ohio House of Representatives has passed a landmark “Bitcoin Rights” bill with significant bipartisan support, a move aimed at establishing the state as a premier destination for the cryptocurrency industry. The legislation,...
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