Is mining cryptocurrency legal in US? You may want to look into local regulations where you live, but for now, bitcoin mining is legal in the U.S. and most other countries, but not all U.S. states allow it.
Do I need LLC for crypto mining? Bitcoin mining companies and bitcoin mining rig manufacturers must have liability protection because there is a high level of risk associated with those activities. If bitcoin mining is a hobby and your mining . 00000018 bitcoins a day, it’s likely your risk is low and you can start an LLC later.
Is crypto taxable in Florida? In a decision that would bolster crypto adoption across the world, Florida Governor Ron DeSantis confirmed that the US state of Florida is open to accepting taxes in cryptocurrencies like Bitcoin from businesses operating in the state.
Is it legal to buy Bitcoin in Florida? Bitcoin & Cryptocurrency Trading in Florida
Thanks to tough legal requirements, selling Bitcoin in the state requires a Money Services license in addition to the maintenance of an anti-money laundering program. Such restrictions make Florida a difficult state to do Bitcoin-related businesses in.