Ohio Advances Pro-Crypto Bill to Support Digital Asset Use and Mining
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The Ohio House of Representatives has taken a big step toward becoming one of the first U.S. states to support crypto use and blockchain technology through new legislation.
On Wednesday, House members voted 68-26 in favor of the “Ohio Blockchain Basics Act” (House Bill 116), which aims to protect the rights of people and businesses using digital assets. If signed into law by Governor Mike DeWine, the bill will stop state and local governments from banning the use of crypto as payment or interfering with the use of self-hosted crypto wallets and hardware wallets.
Protecting Digital Assets, Payments, and Mining Rights
House Bill 116 would make it illegal for local or state governments in Ohio to block individuals from using crypto for payments or managing their wallets. People would be free to use hardware or self-hosted wallets without fear of restrictions.
The bill also gives special tax relief by making crypto transactions under $200 exempt from capital gains taxes, helping everyday users avoid confusing tax rules. This step is seen as a way to make crypto more useful for regular purchases and reduce the burden on small investors.
In addition to payment rights, the bill supports digital asset mining. It allows individuals to mine cryptocurrencies at home as long as they follow local rules, and it permits mining businesses to operate in industrial zones. Local governments would not be allowed to rezone areas with active mining operations without giving public notice and allowing comments.
Mining companies can even challenge unfair zoning decisions. The bill also excludes crypto miners, stakers, and blockchain node operators from needing licenses as money transmitters or investment firms, offering further legal protection.
Wider Support and National Crypto Policy Momentum
The bill’s sponsor, Representative Steve Demetriou, said Ohio is showing leadership in supporting blockchain technology and creating a clear regulatory path for digital assets. He believes this bill puts Ohio at the front of future economic growth. The vote came just one day after the U.S. Senate passed the GENIUS Act, a federal bill focused on stablecoin regulation.
Supporters like the Satoshi Action Fund, which pushes for state-level crypto policies, praised the Ohio bill. Dennis Porter, the group’s CEO, said the bill shows lawmakers are beginning to understand the need to protect the rights of people involved in crypto while also promoting innovation. He called the $200 tax exemption a smart idea that makes using crypto easier for regular people.
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