Title: TOP–10 Bitcoin Friendly States - Cryptalker
Headings: TOP–10 Bitcoin Friendly States
TOP–10 Bitcoin Friendly States
Table of Contents
State Crypto Currency Regulations
Best States for Bitcoin Users
Ohio
Wyoming
New Hampshire
Texas
Tennessee
Washington, D.C.
Best States for Bitcoin Mining
The five least expensive states:
Louisiana
Idaho
Arkansas
Washington
Summary
Christine Rebane

Content: The move initially applies only to businesses, with plans to extend the offering to individual taxpayers in the future. Ohio-based businesses are able to register to pay all of their taxes in the leading cryptocurrency. The payments are reportedly set to be processed via crypto payments service BitPay. Wyoming
The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. The state of Wyoming has recently passed a resolution claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets.” The bill plainly states “that digital assets are property within the Uniform Commercial Code” and goes on to elaborate some of its ramifications. The Wyoming State Senate also passed a bill updating the classification of crypto assets, including a clause to formally label them as currencies. According to the text of the bill, crypto assets can be considered to have three different statuses for legal purposes: digital consumer assets, digital securities, and virtual currencies. In addition to the respective classifications of “general intangibles” and securities, the bill also states that “virtual currency is intangible personal property and shall be considered money.”