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.
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