Florida’s Proposal to Eliminate State Capital Gains Tax Fuels XRP & Cryptocurrency Optimism

In a stunning development that has energized the cryptocurrency community, Florida has proposed legislation eliminating state-level capital gains tax on cryptocurrencies like XRP and Bitcoin. This move, championed by prominent community member Parrot, could have significant implications for investors and businesses within the digital asset space, marking a potentially pivotal moment in U.S. crypto regulation.