Missouri Seeks Crypto Tax Exemption, Aiming to Attract Investment

Missouri is taking a step towards becoming a crypto haven by passing legislation that would exempt capital gains from state taxes on digital assets like Bitcoin and Ethereum. This bill awaits Governor Mike Kehoe’s signature, with potential for significant revenue changes. If enacted, Missouri could become attractive to crypto investors, businesses, and high-net-worth individuals seeking favorable tax environments. Analysts believe this move could attract substantial investment to the state, similar to what we’ve seen in Wyoming, which has enjoyed a surge in crypto businesses following a similar exemption policy.