2026-01-14 23:43:17

Rhode Island moves forward with Bitcoin-friendly tax policy. The state has introduced legislation aimed at exempting small-scale Bitcoin transactions from state income tax obligations. This marks another step by U.S. states in establishing crypto-friendly regulatory frameworks. The proposal could provide tax relief for retail Bitcoin users engaging in modest transaction volumes, potentially encouraging broader adoption within the state.

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ChainBrain

· 7h ago

Another state has joined? Rhode Island's move is pretty good—tax exemption for small transactions. Retail investors finally have some hope... By the way, when will other states follow suit?

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SighingCashier

· 7h ago

Rhode Island's move is truly brilliant, tax-free small BTC transactions... This is the policy direction I want to see.

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AirdropHunterWang

· 7h ago

Rhode Island's move is pretty good, tax-free small BTC transactions... still far from true adoption.

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BakedCatFanboy

· 7h ago

Rhode Island's recent move is quite interesting—tax exemption for small BTC transactions? Retail investors can finally breathe a sigh of relief. But then again, the real big players have probably been avoiding taxes through various means for a long time.

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RugResistant

· 7h ago

ngl, this tax exemption sounds good on paper but... analyzed thoroughly here and red flags detected tbh. small-scale transactions get a pass but what counts as "small-scale"? the wording's vague af and that's where exploits hide. DYOR but here's my analysis—regulatory ambiguity = potential attack vector for bad actors to slip through. needs immediate attention from lawmakers imo

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0xLostKey

· 7h ago

This is really interesting now, small Bitcoin transactions are tax-free... It feels like all the US states are competing, each trying to attract crypto talent business.

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