Recently, I noticed an interesting trend - the United States has submitted a Bitcoin reserve bill to Congress.
There are two particularly eye-catching points in this bill: first, it allows taxes to be paid directly in BTC, and second, the income generated from holding Bitcoin is exempt from personal income tax. In contrast, in neighboring Japan, profits from trading cryptocurrencies must honestly pay a 20% personal income tax, making this discrepancy quite apparent.
Although it is still uncertain whether the bill will pass, at least from the perspective of policy direction, the United States' attitude towards crypto assets is undergoing subtle changes. If it is implemented, the impact on the entire market could be significant—after all, tax policies are often one of the key factors influencing the flow of funds.
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Recently, I noticed an interesting trend - the United States has submitted a Bitcoin reserve bill to Congress.
There are two particularly eye-catching points in this bill: first, it allows taxes to be paid directly in BTC, and second, the income generated from holding Bitcoin is exempt from personal income tax. In contrast, in neighboring Japan, profits from trading cryptocurrencies must honestly pay a 20% personal income tax, making this discrepancy quite apparent.
Although it is still uncertain whether the bill will pass, at least from the perspective of policy direction, the United States' attitude towards crypto assets is undergoing subtle changes. If it is implemented, the impact on the entire market could be significant—after all, tax policies are often one of the key factors influencing the flow of funds.
Let's wait and see how far it can go this time.