tax break

Ohio's $200 Crypto Tax Break? Here's Why It's Revolutionary

Ohio's $200 Crypto Tax Break? Here's Why It's Revolutionary

Okay, let’s be real. A $200 tax break? At first blush, that doesn’t sound like a revolution. You might be thinking, "Big deal, I spend more than that on coffee in a month." Before you dismiss Ohio's "Blockchain Basics Act" (HB 116) as just another piece of legislation lost in...

Ohio's $200 Crypto Tax Break: Smart Move or Missed Opportunity?

Ohio's $200 Crypto Tax Break: Smart Move or Missed Opportunity?

Whether this isn’t the type of regulatory experimentation Ohio wants to engage in remains to be seen. Most recently, it adopted a “de minimis” tax exemption for small crypto transactions below $200. Land use This move raises a question of whether it’s effective. Crypto adoption gimmick, or missed opportunity to...

Further Reading