26-5-2025 – Florida has unveiled a legislative proposal to abolish capital gains tax on Bitcoin transactions, according to insights shared by cryptocurrency expert @pete_rizzo_.
This pioneering initiative aims to foster a more welcoming environment for Bitcoin users, easing the financial burden of taxation and potentially spurring greater adoption across the state. As cryptocurrencies surge in prominence, Florida’s move signals a broader shift among U.S. states to cultivate frameworks that champion the growth and integration of digital assets, positioning the Sunshine State as a potential hub for crypto innovation.
