Florida Seeks to Attract Crypto Investors with Zero Capital Gains Tax

Florida is set to become a leader in the cryptocurrency space by proposing legislation that would eliminate capital gains taxes specifically for Bitcoin, XRP, and stocks. If enacted, this bill would make Florida the first state to offer such a benefit for crypto investors. This move aims to position the state as a hub for digital innovation and investment, potentially accelerating adoption and attracting both individual and institutional investors seeking a more favorable tax environment.