Logo
Whalesbook
HomeStocksNewsPremiumAbout UsContact Us

US Bitcoin Tax Bombshell! Pay Federal Taxes in BTC & Keep Your Capital Gains - New Bill Unveiled!

Economy

|

Published on 21st November 2025, 3:57 PM

Whalesbook Logo

Author

Aditi Singh | Whalesbook News Team

Overview

A new bill, the 'Bitcoin for America Act,' has been introduced in the US Congress by Representative Warren Davidson. It proposes allowing individuals and businesses to pay federal taxes using Bitcoin without incurring capital gains tax. The collected Bitcoin would then be directed to establish the U.S. Strategic Bitcoin Reserve, aiming to strengthen the US economy and embrace digital asset innovation.