{"id":44644,"date":"2025-06-19T14:00:08","date_gmt":"2025-06-19T11:00:08","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=44644"},"modified":"2025-06-19T11:40:08","modified_gmt":"2025-06-19T08:40:08","slug":"another-u-s-state-legalizes-crypto-payments","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/","title":{"rendered":"Another U.S. State Legalizes Crypto Payments!\u00a0"},"content":{"rendered":"

The Ohio<\/strong> House of Representatives has passed a groundbreaking bill for crypto investors and miners<\/strong>. Bill No. 116, dubbed the \u201cOhio Blockchain Basics Act<\/strong>,\u201d passed the House with a vote of 70 to 26. With this development, all crypto transactions under $200<\/strong> will be exempt from capital gains tax.<\/span>\u00a0<\/span><\/p>\n

The law not only facilitates transactions but also provides strong legal safeguards by exempting crypto mining and staking<\/strong> activities from licensing requirements. State agencies<\/strong> will not be allowed to prevent citizens from using their own wallets or making payments with cryptocurrencies.<\/span>\u00a0<\/span><\/p>\n

The bill, which passed the Technology and Innovation Committee<\/strong> with a bipartisan 13-0 vote<\/strong>, will next be sent to the Senate before being submitted to Governor Mike DeWine for final approval.<\/span>\u00a0<\/span><\/p>\n

Legal Protection for Crypto Mining and Staking<\/span>\u00a0<\/span><\/h2>\n

The bill permits individuals to mine cryptocurrencies in residential areas as long as they comply with noise regulations. In industrial zones, there will be no restrictions on mining<\/strong><\/a> activities. Furthermore, state authorities will not be able to impose specific limitations on such operations.<\/span>\u00a0<\/span><\/p>\n

The bill eliminates the requirement for money transmission licenses for numerous activities that help run blockchain<\/strong> systems. Activities such as crypto mining, staking, and operating blockchain nodes will not require licenses on these grounds. The exchange of digital currencies, along with the development and distribution of software that supports these operations, will also be included in this scope.<\/span>\u00a0<\/span><\/p>\n

It also prohibits any legal barriers to the use of crypto wallets and software development activities. At a time when federal pressure is mounting, Ohio is emerging as one of the most crypto-friendly states. Additionally, businesses engaged in such activities will not be presumed to offer securities or investment contracts. The use of crypto wallets<\/strong>\u2014whether hardware-based or self-hosted\u2014will also be protected from restrictions by state agencies.<\/span>\u00a0<\/span><\/p>\n

Ohio is also considering another bill that aims to establish a \u201cBitcoin Reserve Fund<\/strong>.\u201d States like Arizona, New Hampshire, Florida, and Texas are taking similar steps. The U.S. Senate recently passed the historic GENIUS Act<\/a>.<\/strong> While Ukraine<\/strong> is preparing to establish a Bitcoin reserve<\/strong>, Pakistan is also exploring similar measures.<\/span>\u00a0<\/span><\/p>\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0news<\/a>\u00a0and updates.<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Ohio House of Representatives has passed a groundbreaking bill for crypto investors and miners. Bill No. 116, dubbed the \u201cOhio Blockchain Basics Act,\u201d passed the House with a vote of 70 to 26. With this development, all crypto transactions under $200 will be exempt from capital gains tax.\u00a0 The law not only facilitates transactions<\/p>\n","protected":false},"author":36,"featured_media":44645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[18647,18652,16456,18648,18650,18651,18646,18649,13649],"class_list":["post-44644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-blockchain-legal-protection","tag-crypto-payments-usa","tag-crypto-tax-exemption","tag-crypto-wallet-rights","tag-crypto-friendly-state","tag-mining-without-license","tag-ohio-crypto-mining","tag-staking-legalization","tag-us-crypto-regulations"],"yoast_head":"\nAnother U.S. State Legalizes Crypto Payments!\u00a0 - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Another U.S. State Legalizes Crypto Payments!\u00a0 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"The Ohio House of Representatives has passed a groundbreaking bill for crypto investors and miners. Bill No. 116, dubbed the \u201cOhio Blockchain Basics Act,\u201d passed the House with a vote of 70 to 26. With this development, all crypto transactions under $200 will be exempt from capital gains tax.\u00a0 The law not only facilitates transactions\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-19T11:00:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-19T08:40:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/taslak-ce-2025-05-21T022155.047-1024x576.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Yeliz Akmaca\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yeliz Akmaca\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/\",\"name\":\"Another U.S. State Legalizes Crypto Payments!\u00a0 - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/taslak-ce-2025-05-21T022155.047.png\",\"datePublished\":\"2025-06-19T11:00:08+00:00\",\"dateModified\":\"2025-06-19T08:40:08+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5f900e6c865999388c1ea494e5953442\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/taslak-ce-2025-05-21T022155.047.png\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/taslak-ce-2025-05-21T022155.047.png\",\"width\":1920,\"height\":1080,\"caption\":\"Crypto market surge chart, Bitcoin all-time high\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Another U.S. State Legalizes Crypto Payments!\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5f900e6c865999388c1ea494e5953442\",\"name\":\"Yeliz Akmaca\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b399e2146177639d343205648bae3bdb3cd7bb9d02c7186f71149c7122151b69?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b399e2146177639d343205648bae3bdb3cd7bb9d02c7186f71149c7122151b69?s=96&d=mm&r=g\",\"caption\":\"Yeliz Akmaca\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cmyelizz\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Another U.S. State Legalizes Crypto Payments!\u00a0 - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/","og_locale":"en_US","og_type":"article","og_title":"Another U.S. State Legalizes Crypto Payments!\u00a0 - Coin Engineer","og_description":"The Ohio House of Representatives has passed a groundbreaking bill for crypto investors and miners. Bill No. 116, dubbed the \u201cOhio Blockchain Basics Act,\u201d passed the House with a vote of 70 to 26. With this development, all crypto transactions under $200 will be exempt from capital gains tax.\u00a0 The law not only facilitates transactions","og_url":"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/","og_site_name":"Coin Engineer","article_published_time":"2025-06-19T11:00:08+00:00","article_modified_time":"2025-06-19T08:40:08+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/taslak-ce-2025-05-21T022155.047-1024x576.png","type":"image\/png"}],"author":"Yeliz Akmaca","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Yeliz Akmaca","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/","url":"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/","name":"Another U.S. State Legalizes Crypto Payments!\u00a0 - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/taslak-ce-2025-05-21T022155.047.png","datePublished":"2025-06-19T11:00:08+00:00","dateModified":"2025-06-19T08:40:08+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5f900e6c865999388c1ea494e5953442"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/taslak-ce-2025-05-21T022155.047.png","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/taslak-ce-2025-05-21T022155.047.png","width":1920,"height":1080,"caption":"Crypto market surge chart, Bitcoin all-time high"},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/another-u-s-state-legalizes-crypto-payments\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Another U.S. State Legalizes Crypto Payments!\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/5f900e6c865999388c1ea494e5953442","name":"Yeliz Akmaca","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b399e2146177639d343205648bae3bdb3cd7bb9d02c7186f71149c7122151b69?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b399e2146177639d343205648bae3bdb3cd7bb9d02c7186f71149c7122151b69?s=96&d=mm&r=g","caption":"Yeliz Akmaca"},"url":"https:\/\/coinengineer.net\/blog\/author\/cmyelizz\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/44644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=44644"}],"version-history":[{"count":1,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/44644\/revisions"}],"predecessor-version":[{"id":44646,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/44644\/revisions\/44646"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/44645"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=44644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=44644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=44644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}