Florida is leading a national policy discussion concerning cryptocurrency taxation, aiming to potentially eliminate state-level capital gains taxes on digital assets like Bitcoin and XRP. While a recent bill focused on Bitcoin investments was postponed, new reports indicate a push for broader exemptions on crypto capital gains, which could dramatically reshape the regulatory landscape and attract investment in the sector. This proposal would explicitly exempt Bitcoin, XRP, and even traditional stock investments at the state level from capital gains taxes. If passed, Florida would become the first state to formally eliminate such taxes on digital assets, potentially setting a precedent for U.S. policy regarding cryptocurrency. )