The United States will establish a Bitcoin tax-free zone to promote the development of the digital economy

ChainCatcher News, the United States is brewing a new proposal aimed at establishing a tax-free Bitcoin Digital Economic Zone (DEZ) to make the U.S. a global leader in the digital economy. This initiative is led by the newly formed USABTC policy group, advocating for a tax-free DEZ where Bitcoin can be traded and accumulated without incurring capital gains tax, but taxes are due upon redemption. USABTC states that the plan can ensure the financial future of the U.S. by creating a "resilient and innovative" economic environment, fully leveraging the potential of Bitcoin while maintaining the core position of the dollar.