US to establish Bitcoin tax-free zone for digital economy growth – Cointelegraph

The US government is set to create a tax-free zone for Bitcoin in order to promote growth in the digital economy. This move aims to encourage innovation and investment in the cryptocurrency space. The tax-free zone will provide a favorable environment for businesses and individuals operating within the Bitcoin ecosystem. This initiative is expected to attract more companies and entrepreneurs to the US, ultimately boosting economic growth and job creation. The establishment of a Bitcoin tax-free zone signals the government’s recognition of the potential of cryptocurrencies to drive innovation and drive economic development.