Ohio Approves Bitcoin Tax Exemption Under $200

• House passes tax-exempt Bitcoin payments under $200.
• Aims to encourage crypto use in daily transactions.
• Faces upcoming Senate review before becoming law.

Ohio’s state House has approved a new bill that exempts sales tax on purchases made with Bitcoin under $200. The move, aimed at fostering crypto adoption, reflects growing interest in digital currency as a legitimate payment option.

How It Helps Consumers

By removing the tax on small Bitcoin transactions, Ohio hopes to simplify everyday crypto payments:

• Encourages Spending – Users are more likely to use Bitcoin for purchases like coffee or snacks when they don’t have to calculate added taxes.
• Simpler Compliance – Relief for merchants, as there’s no need to track crypto payments under $200 for tax purposes.

What’s Next?

While the House has passed the bill, it still needs Senate approval and the governor’s signature. Once signed, Ohio will join a small but growing group of U.S. states making Bitcoin everyday‑friendly.

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