Florida Goes Full Crypto Libertarian: Zero Capital Gains Tax on Bitcoin, XRP, and Stocks

Sunshine State slashes taxes to zero for crypto and stock investors—because who needs public funding when you’ve got moonshots?

Florida lawmakers just handed crypto traders and stock flippers an early Christmas present: a proposed 0% capital gains tax on Bitcoin, XRP, and equities. The move—part libertarian wet dream, part hedge fund giveaway—could turn the state into a magnet for speculative capital (and maybe a few more Lambo dealerships).

Wall Street won’t like this. Neither will the IRS. But for once, the politicians aren’t pretending to care.

How Florida’s Crypto Tax Break Fuels Bitcoin, XRP, and Stocks

Florida’s Zero Capital Gains Proposal Details

The new Florida legislation would exempt Bitcoin, XRP, and also traditional stock investments from state-level capital gains taxes, though federal taxes would still apply to residents. Right now, the proposed 0% capital gains tax would take effect immediately upon passage and represents a significant advancement in crypto regulation policy.

The legislation addresses competition among no-tax crypto states by providing clear guidelines for both investors and businesses. Florida’s new tax policy aims to attract retail investors and institutional players who are seeking more favorable jurisdictions for their Bitcoin investments.

Market Impact and Bitcoin Price Predictions

Bitcoin’s technical indicators remain bullish despite recent market volatility. The Florida proposal coincides with the 135K bitcoin prediction timeframe that analysts have been discussing.

According to recent data, a key volatility indicator is signaling a potential surge toward $135,000 within the next 100 days. Strong on-chain fundamentals support the 135K Bitcoin prediction, including rising active addresses and also decreasing exchange reserves. The 0% capital gains tax proposal could accelerate Bitcoin adoption among Florida residents.

Short-term price fluctuations are likely, with potential dips toward $90,000 as part of normal market corrections before any parabolic breakout.

Investment and Regulatory Implications

Florida’s crypto regulation initiative targets both cryptocurrency investments and traditional investments through the proposed 0% capital gains tax structure. The Florida tax exemption could trigger similar legislation in other no-tax crypto states across the country.

Investment firms are closely monitoring the proposal as Florida seeks to establish itself as a major hub for digital asset activities. The 135K Bitcoin prediction gains more credibility with supportive state policies that reduce regulatory uncertainty for investors.

At the moment, other states are following Florida and this could lead to many tax reforms happening across the country. It could also shape the way federal authorities think about crypto taxation and regulation. Cutting capital gains taxes on Bitcoin, XRP, and stocks is a landmark step in regulating cryptocurrencies in Florida.

Because of the Florida initiative, combined with the Bitcoin prediction and technical signals, digital assets now stand a good chance of increasing in value. By not taxing capital gains from cryptocurrency, Florida can be seen as a leader among so-called “no tax” states for crypto which may both benefit the state and the wider country.