A U.S. senator from Ohio introduced draft legislation on Monday that would legalize Bitcoin and cryptocurrency taxes in the state and allow state universities and retirement funds to invest in cryptocurrencies. (Preliminary summary: Louisiana in the United States accepts Bitcoin payments, and Trump’s purchase of burgers with BTC in New York became the focus) (Background supplement: The world’s first country to recognize the legality of Bitcoin transactions, a quick look at the “Germany” encryption tax and regulatory system) U.S. senators from Ohio have introduced draft legislation that would require the state to allow residents and businesses to use Bitcoin and other cryptocurrencies to pay state and local taxes, and for state universities and public retirement funds to invest in cryptocurrencies as needed. The bill, introduced yesterday (30th) by Republican state senator Niraj Antani, seeks to position Ohio as a leader in cryptocurrency adoption.並喊話： 「加密貨幣不僅是未來式，而且是我們21 世紀經濟的現在式。我們必須鼓勵俄亥俄州的創新和自由企業。」 此舉令眾多加密貨幣愛好者備感興奮，將其視為看漲signal. TODAY: I introduced a bill the legalize the use of cryptocurrency to pay state and local taxes and fees. Cryptocurrency is not just the future — it's the present. I'm proud to be the most pro-cryptocurrency Member of the Ohio Senate. READ : pic.twitter.com/9lpYdkoGWT — Niraj Antani (@NirajAntani) September 30, 2024 Bill excludes CBDC According to Cointelegraph, the bill reads that the state tax commissioner will decide by June 30 each year which cryptocurrencies are accepted and the calculation The painting excludes central bank digital currency (CBDC). At the same time, government entities may require payers to pay any service fees associated with cryptocurrency transactions. A bill currently before the Ohio House of Representatives would ban CBDC from being considered currency under Ohio’s Uniform Commercial Code. Another bill protects cryptocurrency mining and more. It was the first state in the United States to accept Bitcoin for tax payments. In fact, Ohio became the first state in the United States to accept Bitcoin and cryptocurrency taxes as early as 2018-11, under the leadership of then-State Treasurer Josh Mandel.However, in October of the following year, the state attorney general requested that the state depository board approve the policy, but the board did not approve it at the time, causing the plan to be shelved. Antani emphasized that the latest draft is intended to urge the legislature to take action in the event that the Deposit Board fails to approve cryptocurrencies for tax purposes. "The State Deposit Board should take action, and since they haven't taken action, we will take action." Ohio is the home state of Trump's running mate J.D. Vance. Currently, only Colorado accepts cryptocurrency taxes. (Louisiana plans to accept cryptocurrency as a legal way to pay for state services.) Whether the draft can successfully pass the state assembly vote and be signed by the state attorney general and governor and officially become law remains to be seen. observe. Extended reading: Colorado Governor: Accept “cryptocurrency tax payment” before summer, and will promote it to other states. Related reports: China wants to open up! Former Deputy Secretary of the Treasury: Cryptocurrency is "far behind" and it is time to learn from the U.S. policy and turn to PayPal. Heavy attack: Open more than 1 million corporate accounts in the United States to directly buy and sell cryptocurrencies. He Jinli has changed: The United States must strive to maintain its dominance in the blockchain and support encryption. Monetary Innovation 〈U.S. Ohio Proposal: Open University and State Retirement Funds to Legalize Investment in Bitcoin and Cryptocurrency Taxes〉 This article was first published in Dongqu BlockTempo "Dongqu Dongzhi - the most influential blockchain news media" .

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