Nebraska is taking a significant stride to secure Bitcoin users’ freedoms through a pioneering bill, drawing inspiration from Missouri’s recent efforts.
Senator Bostar sponsors the legislation, advocating for the rights to self-custody, mine Bitcoin, and operate a node. Dennis Porter, CEO of Satoshi Action Fund, underscores crucial provisions to safeguard these fundamental Bitcoin rights.
The proposed law not only secures self-custody but also addresses discrimination against Bitcoin miners, ensures the sovereign ability to run a node, and eliminates state capital gains taxes on transactions under $200.
Porter’s emphasis on the bill’s role in preventing detrimental crypto regulations ties into a broader initiative. Plans to introduce 13 bills across states in 2024 signal a growing momentum in advocating for Bitcoin rights.
Nebraska’s pioneering bill reflects a commendable effort to protect Bitcoin users’ freedoms, echoing a broader nationwide momentum toward securing and advancing digital currency rights.
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