🟢 Florida wants to abolish the capital gains tax from $BTC — the state is ready to become the crypto mecca of the USA
— A bill to abolish the capital gains tax on bitcoins has been introduced in the Florida Senate.
— The author is Senator Keith Perry. His goal is to make Florida the most attractive state for hodlers and crypto businesses.
💬 Perry explains:
• Selling and exchanging BTC is currently subject to capital gains tax
• The new law will remove this barrier, simplifying life for investors
• This will attract tech companies and capital, creating jobs
• Florida is already among the top states in crypto-friendliness:
— No income tax
— There is a FinTech Sandbox
— You can pay state fees in crypto
📉 At the same time, the idea of a BTC reserve has been put on hold for now. But abolishing the tax could be a much more powerful step for increasing adoption and attracting capital.
Historical fact: Wyoming was the first to recognize crypto as a "legitimate form of property." Now Florida wants to go further — and eliminate taxes altogether.
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