Missouri is set to eliminate capital gains taxes on cryptocurrencies and stocks starting in 2025. This groundbreaking bill, supported by Governor Mike Kehoe, aims to attract investors and could influence other states to consider similar tax reforms.
The legislation proposes total exemption from state taxes on crypto gains, influencing investor behaviors and positioning Missouri as a favorable hub for cryptocurrency trading.
Industry analysts anticipate broad financial implications, with this law potentially encouraging other U.S. states to explore comparable tax measures, marking a significant shift in regulatory dynamics within the crypto market.
Full story here: https://coincu.com/336422-missouri-capital-gains-exemption-bill