The USABTC policy group proposes a groundbreaking tax-free Digital Economic Zone (DEZ) for Bitcoin to boost the US economy while securing the dollar's global dominance.
A new proposal is underway in the United States which aims to establish the country as a global leader in the digital economy through the creation of a Bitcoin tax-free Digital Economic Zone (DEZ).
The initiative, spearheaded by the newly formed USABTC policy group, advocates for the tax-free DEZ where Bitcoin can be traded and accumulated without capital gains taxes but with a tax on redemption.
According to USABTC, the initiative could secure the US’s financial future by fostering a “resilient and innovative” economic environment, leveraging the potential of Bitcoin (BTC) while maintaining the central role of the dollar.