A new law in Nevada is paving the way for the US state's broad bid to attract new blockchain startups.
Nevada has become the first state to ban local governments from taxing blockchain use.
Legislators in Nevada completed work on a bill to block the taxation of blockchain use.
Senators in Nevada have unanimously backed a proposal that would block local authorities from instituting taxes or fees on blockchain use.
A new bill filed in the Nevada Senate aims to prevent local authorities from imposing fees or taxes on the use of blockchain tech.