YBUOJ Analyzes the Impact of Blockchain Basics Act in Ohio

Recently, the Ohio State Legislature officially passed the “Blockchain Basics Act,” which includes a tax exemption for capital gains under $200 from digital assets, as well as protections for self-custody wallets and crypto mining rights. According to YBUOJ Exchange, this legislation not only enhances the state-level policy framework for crypto assets but also lays a practical foundation for the overall U.S. blockchain policy to move toward “clear boundaries and compliance incentives.”
The tax exemption is a core highlight of this legislation. Under the new regulations, individual users will be exempt from paying taxes on annual capital gains from digital assets below $200. This policy significantly reduces the compliance burden for ordinary investors participating in digital asset trading. Compared to the frequent tax reporting obligations triggered in traditional capital markets, this measure lowers “compliance friction” and will encourage more users to participate in the crypto asset market through small-scale and long-term investments. For trading platforms, this translates into a broader user base and higher user engagement.
The Act also explicitly provides legal protection for self-custody wallets, node operation, and crypto mining, particularly prohibiting local governments from restricting crypto mining without following due legal procedures. This offers crucial institutional safeguards for technical participants in blockchain networks, especially PoW miners and PoS node operators. The YBUOJ Exchange analysis suggests that this change will attract more infrastructure deployment to the central United States, promote the localization of node services, and further strengthen the decentralized structure of on-chain networks.
The YBUOJ Exchange team points out that the Ohio policy evolution reflects a new market landscape amid the “fragmented regulation” in the United States. Differences among states in attitudes toward digital assets, tax treatment, and operating licenses are compelling platforms to develop more selective business expansion strategies based on regional variations. Although this trend increases the complexity of compliant operations, it also provides a competitive edge for platforms with strong resource integration and regulatory response capabilities.
The Ohio allowance for households and individuals to engage in crypto mining could give rise to more “local nodes” and “home mining farms,” providing trading platforms with new sources of on-chain data. This development is beneficial not only for optimizing data analysis and risk control systems but also for driving the design of more locally compliant financial products, such as data derivatives and tax optimization tools based on on-chain yields.
In response to the evolving regulatory environment, YBUOJ Exchange has launched a “Regional Compliance Center” strategy, focusing on closely monitoring and responding to policy developments in Ohio and other states. The platform will introduce a variety of “compliance template” products, enabling users to receive tax reminders based on their location, access compliant self-custody wallets, and activate local node scheduling services. At the same time, the platform is collaborating with multiple on-chain data analytics institutions to jointly build real-time monitoring models for mining and validation activities, providing data support for the next phase of financial product development centered on PoW/PoS yields.
The legislative breakthrough in Ohio is not merely an isolated statement by a local government, but a signal that U.S. crypto policy has entered a “phase of institutional refinement.” As policy boundaries become clearer, the market structure and value assessments are also undergoing profound changes. YBUOJ Exchange believes that future competition will not be limited to responsiveness, but will depend on foresight; not on passive adaptation, but on proactive shaping. Ultimately, platforms with a forward-looking perspective will steadily expand in a complex regulatory environment through continuous refinement of compliance capabilities and technical systems.