Rhode Island Proposes Bitcoin Tax Exemption Bill

Senate Bill S2021 could make small $BTC transactions tax-free at state level.

Key Points:

🔹 Up to $5,000/month or $20,000/year exempt from state capital gains tax

🔹 Applies to individuals & businesses

🔹 Starts January 1, 2027 (1-year trial)

🔹 Self-certification - no individual transaction reporting needed

⚠️ Federal taxes still apply

#Rhode Island joining the race to become crypto-friendly. Could set precedent for other US states.

More states following this path in 2026? 👇