The state of Florida (USA) has just proposed a bill for a 0% tax exemption on profits from crypto, affirming its position as a blockchain-friendly center (May 27, 2025). Although #Florida does not impose personal income tax, making capital gains from crypto exempt from state taxes, this bill is symbolic, attracting crypto investors and businesses.

The bill, sponsored by Senator Keith Perry, emphasizes Florida's commitment to promoting financial innovation. With 2.5 million crypto users in the U.S., Florida is an ideal destination due to its supportive legal environment. Companies like MoonPay have set up headquarters in Miami, where the annual Bitcoin conference is held. Bitcoin and Ethereum are attracting large capital flows, with crypto trading volume in Florida reaching $1.2 billion in Q1/2025 (Chainalysis).

Crypto investments carry risks due to price volatility and federal regulations. Although Florida exempts state taxes, crypto profits are still subject to federal capital gains tax (IRS).

The information in the article is for reference only; please do thorough research (DYOR) before making any decisions. #anhbacong