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Indiana lawmakers in the United States have proposed a comprehensive bill on "Use of Digital Assets" aimed at protecting citizens' freedom in the fie

Indiana lawmakers in the United States have proposed a comprehensive bill on "Use of Digital Assets" aimed at protecting citizens' freedom in the fie

CointimeCointime2024/01/16 02:37
By:Cointime

Heath VanNatter, a representative of the Indiana State Council in the United States, recently proposed a comprehensive bill called "The Use of Digital Assets" (HB1388), aimed at protecting citizens' freedom in the field of cryptocurrency and blockchain technology. This bill is the first of its kind in the state of Indiana and emphasizes the state government's commitment not to interfere with cryptocurrency-related activities. One of the main provisions of this legislation is to prohibit discrimination against miners and cryptocurrency mining activities. It also guarantees the right to self-custody, waives the requirement for miners and stakeholders to obtain a Money Transmitter License (MTL), waives capital gains tax for transactions under $200, and protects individuals engaged in cryptocurrency transactions from potential state-level restrictions.

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