Internet reports that according to the latest legislative documents, the Ohio House of Representatives recently proposed Bill 116 (HB116), the Ohio Blockchain Foundation Act. The bill, introduced by Rep. Demetriou, 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 on the use of digital assets for payments for goods and services; protecting digital asset mining and custody rights; and studying the possibility of state pension funds investing in digital asset ETFs. The bill has entered the regular session of the 136th State Legislature (2025-2026).