{"id":135166,"date":"2024-08-08T16:15:10","date_gmt":"2024-08-08T13:15:10","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135166"},"modified":"2024-08-08T15:14:10","modified_gmt":"2024-08-08T12:14:10","slug":"us-could-create-a-tax-free-zone-for-bitcoin-transactions","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/us-could-create-a-tax-free-zone-for-bitcoin-transactions\/","title":{"rendered":"US Could Create a Tax-Free Zone for Bitcoin Transactions"},"content":{"rendered":"

The initiative, spearheaded by policy group USABTC, aims to create a zone in which Bitcoin<\/strong><\/a> transactions would be exempt from capital gains taxes, although redemptions in traditional currencies would be taxed.<\/p>\n

According to the USABTC, this DEZ could secure<\/strong><\/a> the financial future of the United States by creating a \u201csustainable and innovative<\/em>\u201d economic environment while preserving the central role of the dollar. The proposal suggests that direct government purchases of Bitcoin would be impractical and politically difficult, so it instead recommends the creation of a DEZ to attract investors and spur wealth growth within a regulated framework.<\/p>\n

The plan includes a system to tie Bitcoin to a second-layer solution for efficient transactions and proposes an exit tax on BTC conversions to generate revenue for both federal and state governments.<\/p>