According to the latest legislative documents, the Ohio House of Representatives recently proposed Bill 116 (HB 116), the Ohio Blockchain Basics Act. The bill was introduced by Rep. Demetriou and aims to regulate digital asset mining, taxation and digital asset investment management in state retirement systems. The core content of the bill includes: prohibiting any fees, taxes or other fees for the payment of goods and services for digital assets; protecting the rights to mining and custody of digital assets; and studying the possibility of state pension funds investing in digital asset ETFs. The bill has entered the review phase of the 136th State Assembly (2025-2026) regular meeting.