Ohio briefly accepted Bitcoin for tax payments (2018-2019, discontinued). Standard money transmission regulation applies. Growing as affordable tech hub.
| Status | Legal |
| Risk Score | 25/100 (Low Risk) |
| Region | north america |
| Currency | USD |
| Capital Gains (Personal) | Federal + Ohio income tax: top rate 3.125% for 2025 and a flat 2.75% on income above USD 26,050 from 2026 (HB 96); no preferential rate for capital gains |
| Capital Gains (Corporate) | Federal + 0.26% CAT |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
Crypto is treated as property under federal law. Ohio taxes nonbusiness income, including crypto gains, at a top rate of 3.125% for 2025 and a flat 2.75% from 2026. Ohio has no corporate income tax; businesses pay the Commercial Activity Tax of 0.26% on gross receipts above the exclusion amount.
| Required | Yes |
| Regulator | OH Division of Financial Institutions |
| Framework | OH Money Transmitter Act |
Enforcement focused on unlicensed operators and consumer protection
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | Yes |
Status: Unclear
No specific DeFi regulation
Status: federal_framework
The GENIUS Act (federal) was signed into law July 18, 2025, establishing a US federal stablecoin framework requiring 1:1 backing with high-quality assets, segregated/audited reserves, and a ban on yield-bearing stablecoins. Issuers over $10B face mandatory federal supervision; smaller issuers may operate under certified state regimes. Ohio has no separate state-level stablecoin framework; the federal GENIUS Act governs. OCC proposed implementing regulations published February 25, 2026.
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 20% |
| Infrastructure | excellent |
Ohio has reliable electricity infrastructure with moderate costs; mining is legal and supported by good data center infrastructure.
| Stability | very_stable |
| Sanctions | No |
| Corruption Index | 67/100 |
| Banking Access | open |
| Sanctions Program Active | Yes |
Risk Factors
Ohio benefits from stable US political environment, strong rule of law, and open banking for crypto businesses. No sanctions apply. Risk score low at 25/100.
Ohio briefly accepted Bitcoin for tax payments (2018-2019, discontinued). Standard money transmission regulation applies. Growing as affordable tech hub.
Ohio is classified by FATF as: compliant.
Yes, licensing is required for VASPs.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-28 · Data source: Soken Crypto Legal Map
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