The Ohio Bitcoin Rights Bill passed unanimously, ensuring self-custody rights and providing tax incentives.

On June 18, the Ohio “Bitcoin Rights Bill” HB 116 was passed unanimously by the House Technology and Innovation Committee with a vote of 13:0.

The bill safeguards individuals’ rights to self-custody, protects cryptocurrency mining and node operation activities, and provides a $200 tax exemption on capital gains from digital asset transactions.

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