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Florida proposes elimination of capital gains tax on Bitcoin

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written by , Content Manager.

Last updated: 2025-05-26 12:17:57

2025-05-26 12:17:57

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 [.

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