Florida Pushes for Zero State Tax on Crypto and Stock Gains

Florida is taking bold steps toward becoming a crypto-friendly state with a new legislative proposal aimed at eliminating state-level capital gains taxes on Bitcoin, XRP, and traditional stocks.

The bill, if passed, would make Florida the first U.S. state to fully exempt these assets from capital gains taxes at the state level.

Although federal taxes would still apply, the move could significantly ease the tax burden for investors and traders operating within Florida.

Framed as part of a broader strategy to attract digital innovation and capital, the initiative signals Florida’s intention to compete with other states for crypto adoption and investment.

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Lawmakers behind the proposal argue that removing this tax barrier could help foster growth in both the blockchain and financial technology sectors.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.