Bill to Protect Fundamental Bitcoin Rights Is Proposed by the Ohio Legislature

in #hive-1679228 months ago

With the introduction of a ground-breaking statute to protect users' fundamental rights, Ohio has taken a big step toward accepting Bitcoin. A number of fundamental liberties are ensured by the recently proposed legislation, such as the ability to mine Bitcoin, purchase and sell Bitcoin, and run a complete node. Ohio will be positioned as a leader in identifying and defending the rights of owners of digital assets as a result of this action.

The measure also establishes the right to self-custody digital assets, giving people more control over their cryptocurrency holdings without the need for middleman financial organizations. This law advances Ohio's status as a center for digital innovation and investment while simultaneously defending the independence of Bitcoin users. The progressive stance taken by the state may open the door for such legislation across the country, increasing the acceptance and credibility of cryptocurrencies like Bitcoin.
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Well, I hope they get tax free the Bitcoin gains someday.