Zero Capital Gains Tax on Bitcoin, XRP
Florida is making waves in the cryptocurrency world as it moves closer to becoming the first state to eliminate capital gains taxes on Bitcoin, XRP, and stocks. Analysts say this regulatory shift could help push Bitcoin’s price toward $135,000 within the next 100 days.
Florida’s Zero Capital Gains Tax: A Game-Changer for Crypto Investors
A newly proposed bill in Florida seeks to exempt capital gains taxes on Bitcoin, XRP, and even traditional stock investments. If passed, this would mark the first state-level removal of capital gains taxes on digital assets, a significant departure from federal tax policies.
Key highlights of the Florida proposal:
- Capital gains tax exemption on Bitcoin, XRP, and stocks for state residents.
- State-level…
