Congress has introduced a new strategic Bitcoin reserve bill that could reshape how digital assets are treated in the U.S. tax system. The proposal contains two particularly noteworthy provisions: it would permit taxpayers to settle certain tax obligations directly in Bitcoin, and it proposes eliminating capital gains taxes on Bitcoin transactions meeting specific criteria. This development signals growing institutional interest in cryptocurrency integration within the American financial framework. The bill reflects an evolving conversation around Bitcoin's role as a store of value and medium of exchange at the policy level. Industry observers are closely monitoring the legislative process, as the bill's progression could influence how other jurisdictions approach crypto taxation and reserve strategies.
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PerpetualLonger
· 01-08 09:02
Whoa, is this really about to take off? Paying taxes with Bitcoin? I told you it's a bullish signal!
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GweiWatcher
· 01-05 10:54
Really? Is the US planning to allow direct tax deductions for Bitcoin? If that really happens, it would change the entire game rules.
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TaxEvader
· 01-05 10:54
Pay taxes directly with Bitcoin? If that's true, I might as well wash up and go to sleep. The US is pulling out all the stops!
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PumpAnalyst
· 01-05 10:51
Brothers, this time the US policy environment is really different. Using Bitcoin to pay taxes directly? Is this openly cutting the leeks or genuinely optimistic? [Thinking]
Wait, eliminating capital gains tax? The dealer's move is quite ruthless. Retail investors haven't even reacted yet, and they might be about to pump the market.
From a technical perspective, this is a precursor, but who can guarantee it's not just a trap to attract more? Stay alert, brothers, don't rush in blindly.
With such friendly national policies, it won't take long for other regions to follow suit. This cycle might really be coming... but the premise is not to get caught.
Honestly, with policy benefits + institutional entry, the support levels are already very clear. It all depends on whether we can hold them.
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CascadingDipBuyer
· 01-05 10:40
Is it really happening this time? Will taxes be paid directly with Bitcoin?
Congress has introduced a new strategic Bitcoin reserve bill that could reshape how digital assets are treated in the U.S. tax system. The proposal contains two particularly noteworthy provisions: it would permit taxpayers to settle certain tax obligations directly in Bitcoin, and it proposes eliminating capital gains taxes on Bitcoin transactions meeting specific criteria. This development signals growing institutional interest in cryptocurrency integration within the American financial framework. The bill reflects an evolving conversation around Bitcoin's role as a store of value and medium of exchange at the policy level. Industry observers are closely monitoring the legislative process, as the bill's progression could influence how other jurisdictions approach crypto taxation and reserve strategies.