Ohio House Committee Unanimously Passes Digital Asset Protection Bill

According to PANews, the Ohio House Technology and Innovation Committee has unanimously approved HB 116, a bill designed to safeguard individual rights to self-custody digital assets. The legislation, which passed with a 13-0 vote, aims to protect mining and node operations while offering a capital gains tax exemption of $200 per transaction for digital asset trades. This move marks a significant step in supporting the digital asset ecosystem within the state.