Ohio Representative: After Passing HB 116 to Ease Cryptocurrency Taxes, the Next Step Is to Establish a State-Level Bitcoin Reserve

According to a report by Jinse Finance, as disclosed by Bitcoin News, following the passage of HB 116 to ease cryptocurrency taxation, Ohio State Representative Steve Demetriou stated that the next step will be to establish a state-level Bitcoin reserve. A new bill, HB 18, will allow the state treasurer to invest up to 10% of certain public funds in "high market capitalization" cryptocurrencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RootData: TORN to Unlock Tokens Worth Approximately $1.05 Million in One Week
Data: Crypto Market Sees Broad Decline, Only DeFi Sector Rises Against the Trend by 1.81%

Data: A newly created wallet withdraws nearly 650,000 PENDLE from an exchange, valued at over $3.5 million
Trending news
MoreCrypto prices
More








