Bitcoin in Ohio: what to know
Ohio has no statewide crypto ATM limits; operators set their own. Crypto gains are taxed as income. HB 116, which would exempt gains on crypto payments under $200, passed the House in June 2025 but is still pending in the Senate. Ohio briefly accepted bitcoin for business taxes in 2018–2019 before ending the program.
Bitcoin has one price in US dollars across the country: the price on this page is the same as on the bitcoin price in the United States page, where federal tax rules are covered in full. What differs in Ohio is state law and tax, explained below.
Crypto ATMs in Ohio
Ohio has no kiosk-specific law. HB 648, which would require kiosks to register as money transmitters, is pending in a House committee. Scammers often tell victims to pay through crypto ATMs: no government agency, bank or utility asks for payment in bitcoin. See how bitcoin ATM scams work.
Buying bitcoin in Ohio
Exchanges and other crypto businesses serving Ohio residents generally need a state money-transmitter license. Buying bitcoin carries no sales tax; you pay the exchange's spread and fees.
Tax on bitcoin in Ohio
Crypto gains are taxed as income. HB 116, which would exempt gains on crypto payments under $200, passed the House in June 2025 but is still pending in the Senate. Ohio briefly accepted bitcoin for business taxes in 2018–2019 before ending the program. Federally, the IRS treats bitcoin as property: selling, trading or spending it is a taxable event, with short-term gains (held a year or less) taxed as ordinary income and long-term gains at 0%, 15% or 20%; bitcoin received as pay or from mining is income. Exchanges and other custodial brokers report sales on Form 1099-DA: gross proceeds for sales from 1 January 2025, and cost basis for many sales from 1 January 2026. Every Form 1040 asks whether you received or disposed of a digital asset.
State bitcoin reserve
Reserve bills (HB 18 and SB 57) were introduced in 2025 but not enacted.
Other crypto laws in Ohio
Ohio was one of the lead states in the October 2026 Coinme kiosk settlement.
Legal and tax information last reviewed October 2026. Crypto rules change quickly — check with the regulator or tax authority, or a qualified adviser, before acting. This is not tax, legal or investment advice.