"Blockchain Basics Act"; create.

HB 1590, the "Blockchain Basics Act," prohibits Mississippi state agencies and local governments from accepting Central Bank Digital Currency (CBDC) payments or participating in federal CBDC tests. It protects individuals' rights to use digital assets for purchasing legal goods/services and exempts small transactions (under $200, adjusted annually for inflation) from capital gains tax. The bill also allows digital asset mining businesses in industrial zones with zoning protections and exempts home mining and certain service providers from licensing requirements under existing financial laws. These provisions directly affect state entities, consumers using digital assets, and businesses operating in the digital asset sector.