U.S. states are increasingly exploring crypto-friendly policies. Rhode Island's legislature recently introduced S0451, a bill designed to ease the tax burden on Bitcoin traders. Under the proposed exemption, residents can execute up to 10 Bitcoin transactions every 30 days—with a daily cap of $1,000 per transaction—without triggering state income tax or capital gains tax obligations. This move reflects growing state-level interest in attracting crypto activity and fostering a more blockchain-friendly regulatory environment. The initiative could serve as a template for other jurisdictions weighing similar tax incentives. If passed, the measure would mark a notable shift in how states approach digital asset taxation, potentially encouraging broader adoption and trading volume within the region.