• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Florida to Eliminate Capital Gains Tax on Bitcoin, XRP, and Stocks
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Crypto News > Florida to Eliminate Capital Gains Tax on Bitcoin, XRP, and Stocks
Crypto News

Florida to Eliminate Capital Gains Tax on Bitcoin, XRP, and Stocks

vitalclick
Last updated: May 26, 2025 5:58 pm
1 hour ago
Share
SHARE

Contents
What’s in Florida’s New Crypto Tax ProposalBitcoin and XRP React PositivelyAligns With Trump’s National Crypto VisionPublic Opinion: A Divided ResponseWhy This Matters for the Entire Crypto MarketFinal TakeNever Miss a Beat in the Crypto World!FAQsShare this crypto insight with your network!
Florida to Eliminate Capital Gains Tax on Bitcoin, XRP, and Stocks

Florida has introduced a groundbreaking bill that could change how Bitcoin, XRP, and stocks are taxed—at least at the state level.

If passed, this legislation would exempt state capital gains tax on crypto and traditional stock profits, setting a powerful precedent in the U.S. and potentially driving crypto adoption nationwide.

What’s in Florida’s New Crypto Tax Proposal

  • The bill, championed by Florida’s Republican leadership under Governor Ron DeSantis, aims to eliminate capital gains tax on Bitcoin, XRP, and stocks at the state level.
  • This would allow investors to retain more of their profits, giving Florida a major competitive edge in the crypto space.
  • However, federal capital gains tax still applies—only Congress can change that.

Bitcoin and XRP React Positively

In the past 24 hours:

  • Bitcoin price surged 2.4%, now trading around $109,835
  • XRP rose by 2.2% and currently stands at $2.34

Short-term trends show:

Asset 30-Day Growth 3-Month Growth
BTC +16.55% +19.6%
XRP +5.42% +2.71%

Some analysts believe this proposal could help push Bitcoin to $135,000 in the next 3 months.

Aligns With Trump’s National Crypto Vision

  • This Florida initiative appears to align with President Donald Trump’s broader push for crypto-friendly regulation.
  • Trump, now leading the U.S. administration, has signaled strong support for digital assets and blockchain innovation.
  • With 27 U.S. states governed by Republicans, more pro-crypto tax bills could follow.

Public Opinion: A Divided Response

Supporters say:

  • It could make Florida the crypto capital of the U.S.
  • Attract big businesses and high-net-worth investors

Critics warn:

  • It might complicate tax filings
  • Could clash with federal tax regulations, causing confusion
  • Also Read :
  •   Crypto Price Today: Bitcoin Reclaims $110K, ADA and DOGE Lead Recovery
  •   ,

Why This Matters for the Entire Crypto Market

If Florida passes this bill, it could spark a wave of similar legislation in other Republican-led states. That momentum may:

Final Take

This isn’t just a Florida story—it’s a potential turning point for U.S. crypto policy. Whether you’re a crypto investor, trader, or builder, keep an eye on this bill—it might shape the next phase of crypto growth in America.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQs

Will I still pay federal taxes if Florida removes state capital gains tax?

Yes, federal capital gains taxes still apply; only Congress can change federal tax law.

How will Florida’s crypto tax bill impact Bitcoin price?

Analysts say it could boost prices by attracting more investors; Bitcoin may reach $135K in 3 months.

Share this crypto insight with your network!

You Might Also Like

With $71,000 Under Their Belt, Bulls Set Sights on New ATHs

Trading Volume Soars, But Hamster Kombat Faces Big Challenges

Shiba Inu’s Price on Shaky Ground as Whales Sell Off

Pi Coin News: A Look at Alleged Past Scams As China Issues Warning After 65% Crash

El Salvador’s Bitcoin Holdings Reach $600M as Bitcoin Hits $100K

TAGGED:CryptoNews
Share This Article
Facebook Twitter Email Print
Previous Article Will it Break Above the 6-month Consolidated Zone & Reach $4?
Next Article Crypto Market Outperforms Tech Stocks in 2025
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?